Stock Yards Bancorp to Participate in the Stephens 2024 Annual Bank Forum
| SYBT Stock | USD 71.69 1.44 1.97% |
Slightly above 74% of Stock Yards' investor base is looking to short. The analysis of overall sentiment of trading Stock Yards Bancorp stock suggests that many investors are alarmed at this time. Stock Yards' investing sentiment can be driven by a variety of factors including economic data, Stock Yards' earnings reports, geopolitical events, and overall market trends.
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LOUISVILLE, Ky., Sept. 10, 2024 -- Stock Yards Bancorp, Inc. , parent company of Stock Yards Bank Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that Ja Hillebrand, Chairman and CEO, Philip S. Poindexter, President and T. Clay Stinnett, EVP and CFO will participate in the Stephens 2024 Annual Bank Forum to be held September 17th and
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Stock Yards Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Stock Yards can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Stock Yards Fundamental Analysis
We analyze Stock Yards' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stock Yards using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stock Yards based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Stock Yards is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Stock Yards Bancorp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Stock Yards stock to make a market-neutral strategy. Peer analysis of Stock Yards could also be used in its relative valuation, which is a method of valuing Stock Yards by comparing valuation metrics with similar companies.
Peers
Stock Yards Related Equities
| OPOF | Old Point | 0.44 | ||||
| IROQ | IF Bancorp | 0.17 | ||||
| FCAP | First Capital | 0.74 | ||||
| CFBK | CF Bankshares | 0.75 | ||||
| FXNC | First National | 1.16 | ||||
| FNWD | Finward Bancorp | 1.27 | ||||
| SHBI | Shore Bancshares | 1.37 | ||||
| CWBC | Community West | 1.37 | ||||
| FFNW | First Financial | 1.78 | ||||
| CBAN | Colony Bankcorp | 1.87 | ||||
| GCBC | Greene County | 2.28 | ||||
| SMBC | Southern Missouri | 2.74 | ||||
| BSVN | Bank7 Corp | 2.78 | ||||
| BSRR | Sierra Bancorp | 2.78 | ||||
| HFBL | Home Federal | 3.24 |
Additional Tools for Stock Stock Analysis
When running Stock Yards' price analysis, check to measure Stock Yards' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.