Texas Capital Bancshares Inc (NASDAQ: TCBI) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Texas Capital Bancshares Inc (NASDAQ: TCBI): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TCBI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Texas Capital Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Texas Capital Bancshares has a neutral Power Rating of 55 but a good Appreciation Score of 75, leading to the Positive Value Trend Rating.
Recent Price Action
Texas Capital Bancshares Inc (NASDAQ: TCBI) stock closed at $58.18 on 8/5/24 after a decline of -3.7%. Trading volume in this decline was normal. The stock has declined -13.6% during the last week and has performed in line with the market over the last nine months.
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