Popular Inc

Company Profile

Popular Inc had its IPO on 1990-03-26 under the ticker symbol BPOP.

The company operates in the Financial Services sector and Banks-Regional industry. Popular Inc has a staff strength of 8,975 employees.

Stock update

Shares of Popular Inc opened at $60.53 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $60.3 - $63.09, and closed at $62.87.

This is a +5.05% increase from the previous day's closing price.

A total volume of 536,647 shares were traded at the close of the day’s session.

In the last one week, shares of Popular Inc have increased by +8.01%.

Popular Inc's Key Ratios

Popular Inc has a market cap of $4.31 billion, indicating a price to book ratio of 1.2936 and a price to sales ratio of 1.5332.

In the last 12-months Popular Inc’s revenue was $2.96 billion with a gross profit of $2.98 billion and an EBITDA of $0. The EBITDA ratio measures Popular Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Popular Inc’s operating margin was 40.42% while its return on assets stood at 1.53% with a return of equity of 22.97%.

In Q1, Popular Inc’s quarterly earnings growth was a negative -17.6% while revenue growth was a negative 2.8%.

Popular Inc’s PE and PEG Ratio

Forward PE

6.5189

Trailing PE

4.2267

PEG

1.75

Its diluted EPS in the last 12-months stands at $14.16 per share while it has a forward price to earnings multiple of 6.5189 and a PEG multiple of 1.75. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Popular Inc’s profitability.

Popular Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.5332.

Popular Inc stock pays annual dividends of $2.2 per share, indicating a yield of 3.85% and a payout ratio of 15.44%.

Balance sheet and cash flow metrics

Total Assets

$67.68 billion

Total Liabilities

$61.80 billion

Operating Cash Flow

$172.78 million

Capital Expenditure

$36.06 million

Dividend Payout Ratio

15.44%

Popular Inc ended 2023 with $67.68 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $67.68 billion while shareholder equity stood at $4.47 billion.

Popular Inc ended 2023 with $0 in deferred long-term liabilities, $61.80 billion in other current liabilities, 1047000.00 in common stock, $3.98 billion in retained earnings and $827.43 million in goodwill. Its cash balance stood at $6.56 billion and cash and short-term investments were $23.73 billion. The company’s total short-term debt was $0 while long-term debt stood at $1.28 billion.

Popular Inc’s total current assets stands at $25.59 billion while long-term investments were $25.95 billion and short-term investments were $17.17 billion. Its net receivables were $1.85 billion compared to accounts payable of $848.52 million and inventory worth $0.

In 2023, Popular Inc's operating cash flow was $172.78 million while its capital expenditure stood at $36.06 million.

Comparatively, Popular Inc paid $0.15 in dividends in 2023.

Other key metrics

Current Trading Price

$62.87

52-Week High

$80.73

52-Week Low

$48.373

Analyst Target Price

$72

Popular Inc stock is currently trading at $62.87 per share. It touched a 52-week high of $80.73 and a 52-week low of $80.73. Analysts tracking the stock have a 12-month average target price of $72.

Its 50-day moving average was $56.97 and 200-day moving average was $65.55 The short ratio stood at 3.04 indicating a short percent outstanding of 0%.

Around 175.9% of the company’s stock are held by insiders while 8592.5% are held by institutions.