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CATY Quote, Financials, Valuation and Earnings
Last price:
$48.69
Seasonality move
:
0.52%
Day range:
$47.57 - $48.29
52-week range:
$33.88 - $55.29
Dividend yield:
2.83%
P/E ratio:
12.12x
P/S ratio:
4.67x
P/B ratio:
1.21x
Volume:
136K
Avg. volume:
355.8K
1-year change:
8.01%
Market cap:
$3.4B
Revenue:
$810M
EPS (TTM):
$3.97
Analysts' Opinion
-
Consensus RatingCathay General Bancorp has received a consensus rating of Leans Bullish. The company's average rating is a Leans Bullish based on 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $53.60, Cathay General Bancorp has an estimated upside of 11.37% from its current price of $48.13.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $45.00 representing 100% downside risk from its current price of $48.13.
Fair Value
-
According to the consensus of 4 analysts, Cathay General Bancorp has 11.37% upside to fair value with a price target of $53.60 per share.
CATY vs. S&P 500
-
Over the past 5 trading days, Cathay General Bancorp has underperformed the S&P 500 by -6.53% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Cathay General Bancorp does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Cathay General Bancorp revenues have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter Cathay General Bancorp reported revenues of $189.5M.
Earnings Growth
-
Cathay General Bancorp earnings have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter Cathay General Bancorp reported earnings per share of $0.94.
Enterprise value:
776.6M
EV / Invested capital:
0.26x
Price / LTM sales:
4.67x
EV / EBIT:
0.80x
EV / Revenue:
1.04x
PEG ratio (5yr expected):
--
EV / Free cash flow:
2.56x
Price / Operating cash flow:
11.52x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
1.24%
Net Income Margin (TTM):
38.52%
Return On Equity:
10.46%
Return On Invested Capital:
9.3%
Operating Margin:
--
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $751.9M | $818.7M | $748.5M | $193.5M | $189.5M | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| Diluted EPS | $4.48 | $5.06 | $3.97 | $1.13 | $0.94 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $2.6B | $3B | $2.7B | $2.8B | $2.9B | |
| Total Assets | $19B | $19.9B | $21.9B | $22.8B | $23.3B | |
| Current Liabilities | -- | -- | -- | -- | -- | |
| Total Liabilities | $16.6B | $17.4B | $19.5B | $20.2B | $20.4B | |
| Total Equity | $2.4B | $2.5B | $2.4B | $2.6B | $2.8B | |
| Total Debt | $372.9M | $162.3M | $382.7M | $156.5M | $196.9M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $462.7M | $420.4M | $308.1M | $107.1M | $81.2M | |
| Cash From Investing | -$2.1B | -$1.1B | -$324.9M | -$141.2M | $145.5M | |
| Cash From Financing | $1.1B | $567.8M | $192.6M | -$285.2M | $7.1M | |
| Free Cash Flow | $458.7M | $418.4M | $303.7M | $106.4M | $80M | |
CATY
Sector
Market Cap
$3.4B
$700.3M
Price % of 52-Week High
87.05%
88.31%
Dividend Yield
2.83%
2.2%
Shareholder Yield
10%
3.87%
1-Year Price Total Return
8.01%
7.75%
Beta (5-Year)
1.118
0.737
Dividend yield:
2.83%
Annualized payout:
$1.36
Payout ratio:
34.17%
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$48.64
200-day SMA
Buy
Level
$41.72
Bollinger Bands (100)
Buy
Level
41.7 - 49.94
Chaikin Money Flow
Buy
Level
31.8M
20-day SMA
Sell
Level
$50.38
Relative Strength Index (RSI14)
Sell
Level
41.01
ADX Line
Sell
Level
13.06
Williams %R
Neutral
Level
-73.2538
50-day SMA
Sell
Level
$49.30
MACD (12, 26)
Sell
Level
-0.59
25-day Aroon Oscillator
Sell
Level
-72
On Balance Volume
Neutral
Level
264.7K
Financial Scores
--
Altman Z-Score
(Annual)
Level (--)
Sell
CA Score
(Annual)
Level (-2.0351)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (8)
--
Ohlson Score
Level (--)
--
Piotroski F Score
(Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Buy
Fundamental Score
Level (8)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
Stock Forecast FAQ
In the current month, CATY has received 2 Buy ratings 2 Hold ratings, and 0 Sell ratings. The CATY average analyst price target in the past 3 months is $53.60.
-
Where Will Cathay General Bancorp Stock Be In 1 Year?
According to analysts, the consensus estimate is that Cathay General Bancorp share price will rise to $53.60 per share over the next 12 months.
-
What Do Analysts Say About Cathay General Bancorp?
Analysts are divided on their view about Cathay General Bancorp share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Cathay General Bancorp is a Sell and believe this share price will drop from its current level to $45.00.
-
What Is Cathay General Bancorp's Price Target?
The price target for Cathay General Bancorp over the next 1-year time period is forecast to be $53.60 according to 4 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 2 analysts rate the stock a Hold.
-
Is CATY A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Cathay General Bancorp is a Leans Bullish. 2 of 4 analysts rate the stock a Leans Bullish at this time.
-
How Can I Buy Shares Of CATY?
You can purchase shares of Cathay General Bancorp via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Cathay General Bancorp shares.
-
What Is The Cathay General Bancorp Share Price Today?
Cathay General Bancorp was last trading at $48.69 per share. This represents the most recent stock quote for Cathay General Bancorp. Yesterday, Cathay General Bancorp closed at $48.13 per share.
-
How To Buy Cathay General Bancorp Stock Online?
In order to purchase Cathay General Bancorp stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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