Is Third Coast Stock a Good Investment?
Third Coast Investment Advice | TCBX |
- Examine Third Coast's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Third Coast's leadership team and their track record. Good management can help Third Coast navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Third Coast's business and its evolving consumer preferences.
- Compare Third Coast's performance and market position to its competitors. Analyze how Third Coast is positioned in terms of product offerings, innovation, and market share.
- Check if Third Coast pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Third Coast's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Third Coast Bancshares stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Third Coast Bancshares is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Third Coast Stock
Researching Third Coast's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 47.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Third Coast Bancshares has Price/Earnings To Growth (PEG) ratio of 0.8. The entity had not issued any dividends in recent years.
To determine if Third Coast is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Third Coast's research are outlined below:
| Latest headline from news.google.com: Are You Looking for a Top Momentum Pick Why Third Coast Bancshares, Inc. is a Great Choice - MSN |
Third Coast Quarterly Liabilities And Stockholders Equity |
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Third Coast uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Third Coast Bancshares. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Third Coast's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Third Coast's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Third Coast's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-04-28 | 2022-03-31 | 0.17 | 0.15 | -0.02 | 11 | ||
2024-07-24 | 2024-06-30 | 0.57 | 0.63 | 0.06 | 10 | ||
2021-12-22 | 2021-09-30 | 0.34 | 0.28 | -0.06 | 17 | ||
2024-01-25 | 2023-12-31 | 0.47 | 0.57 | 0.1 | 21 | ||
2024-04-24 | 2024-03-31 | 0.49 | 0.61 | 0.12 | 24 | ||
2023-04-26 | 2023-03-31 | 0.42 | 0.55 | 0.13 | 30 | ||
2022-07-27 | 2022-06-30 | 0.3 | 0.16 | -0.14 | 46 | ||
2022-10-26 | 2022-09-30 | 0.33 | 0.49 | 0.16 | 48 |
Know Third Coast's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Third Coast is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Third Coast Bancshares backward and forwards among themselves. Third Coast's institutional investor refers to the entity that pools money to purchase Third Coast's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ronald Blue Trust, Inc. | 2024-09-30 | 147.1 K | Bridgeway Capital Management, Llc | 2024-09-30 | 118.4 K | Hillsdale Investment Management Inc. | 2024-09-30 | 110.7 K | Northern Trust Corp | 2024-09-30 | 99.9 K | Renaissance Technologies Corp | 2024-09-30 | 79.2 K | Rhino Investment Partners, Inc. | 2024-09-30 | 78.2 K | American Century Companies Inc | 2024-09-30 | 77.6 K | Goldman Sachs Group Inc | 2024-09-30 | 63.8 K | Bank Of America Corp | 2024-06-30 | 59.2 K | Blackrock Inc | 2024-06-30 | 860.1 K | Vanguard Group Inc | 2024-09-30 | 633.8 K |
Third Coast's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 481.91 M.Market Cap |
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Third Coast's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.01 | 0.02 | |
| Return On Equity | 0.08 | 0.05 |
Determining Third Coast's profitability involves analyzing its financial statements and using various financial metrics to determine if Third Coast is a good buy. For example, gross profit margin measures Third Coast's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Third Coast's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Third Coast's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Third Coast Bancshares. Check Third Coast's Beneish M Score to see the likelihood of Third Coast's management manipulating its earnings.
Evaluate Third Coast's management efficiency
Return On Capital Employed is likely to rise to 0.02 in 2024, whereas Return On Tangible Assets are likely to drop 0 in 2024. At this time, Third Coast's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 4.1 B in 2024, whereas Total Assets are likely to drop slightly above 3 B in 2024. Third Coast's management efficiency ratios could be used to measure how well Third Coast manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.33 | 28.81 | |
| Tangible Book Value Per Share | 28.93 | 27.48 | |
| Enterprise Value Over EBITDA | 11.05 | 10.50 | |
| Price Book Value Ratio | 0.66 | 0.62 | |
| Enterprise Value Multiple | 11.05 | 10.50 | |
| Price Fair Value | 0.66 | 0.62 | |
| Enterprise Value | 114.7 M | 104.6 M |
Third Coast's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Beta 0.653 |
Basic technical analysis of Third Stock
As of the 3rd of December, Third Coast has the Coefficient Of Variation of 387.03, risk adjusted performance of 0.2036, and Semi Deviation of 0.9866. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Third Coast Bancshares, as well as the relationship between them.Third Coast's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Third Coast insiders, such as employees or executives, is commonly permitted as long as it does not rely on Third Coast's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Third Coast insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Third Coast's Outstanding Corporate Bonds
Third Coast issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Third Coast Bancshares uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Third bonds can be classified according to their maturity, which is the date when Third Coast Bancshares has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Third Coast's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Third Coast's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2036 | |||
| Market Risk Adjusted Performance | 0.533 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 0.9866 | |||
| Downside Deviation | 1.39 | |||
| Coefficient Of Variation | 387.03 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.09 | |||
| Information Ratio | 0.197 | |||
| Jensen Alpha | 0.4007 | |||
| Total Risk Alpha | 0.2101 | |||
| Sortino Ratio | 0.2862 | |||
| Treynor Ratio | 0.523 | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 4.06 | |||
| Downside Variance | 1.94 | |||
| Semi Variance | 0.9735 | |||
| Expected Short fall | (1.98) | |||
| Skewness | 0.7834 | |||
| Kurtosis | 0.6673 |
| Risk Adjusted Performance | 0.2036 | |||
| Market Risk Adjusted Performance | 0.533 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 0.9866 | |||
| Downside Deviation | 1.39 | |||
| Coefficient Of Variation | 387.03 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.09 | |||
| Information Ratio | 0.197 | |||
| Jensen Alpha | 0.4007 | |||
| Total Risk Alpha | 0.2101 | |||
| Sortino Ratio | 0.2862 | |||
| Treynor Ratio | 0.523 | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 4.06 | |||
| Downside Variance | 1.94 | |||
| Semi Variance | 0.9735 | |||
| Expected Short fall | (1.98) | |||
| Skewness | 0.7834 | |||
| Kurtosis | 0.6673 |
Consider Third Coast's intraday indicators
Third Coast intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Third Coast stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1265.93 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 34.8 | |||
| Day Typical Price | 34.78 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.48) | |||
| Relative Strength Index | 74.56 |
Third Coast Corporate Filings
F3 | 20th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Third Stock media impact
Far too much social signal, news, headlines, and media speculation about Third Coast that are available to investors today. That information is available publicly through Third media outlets and privately through word of mouth or via Third internal channels. However, regardless of the origin, that massive amount of Third data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Third Coast news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Third Coast relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Third Coast's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Third Coast alpha.
Third Coast Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Third Coast 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.
Third Coast Corporate Management
| Andrew Novarini | Executive Banking | Profile | |
| Sarah Natho | Treasurer | Profile | |
| Jo Dean | Secretary | Profile | |
| William Bobbora | Executive Officer | Profile | |
| Liz Eber | Executive Officer | Profile | |
| Christopher Peacock | Executive Officer | Profile |
Additional Tools for Third Stock Analysis
When running Third Coast's price analysis, check to measure Third Coast's 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 Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.