Veritex Holdings Inc

Company Profile

Veritex Holdings Inc had its IPO on 2014-10-09 under the ticker symbol VBTX.

The company operates in the Financial Services sector and Banks-Regional industry. Veritex Holdings Inc has a staff strength of 763 employees.

Stock update

Shares of Veritex Holdings Inc opened at $17.91 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $17.74 - $18.18, and closed at $17.92.

This is a +0.5% increase from the previous day's closing price.

A total volume of 246,016 shares were traded at the close of the day’s session.

In the last one week, shares of Veritex Holdings Inc have slipped by -7.44%.

Veritex Holdings Inc's Key Ratios

Veritex Holdings Inc has a market cap of $968.27 million, indicating a price to book ratio of 1.0656 and a price to sales ratio of 3.8748.

In the last 12-months Veritex Holdings Inc’s revenue was $422.40 million with a gross profit of $389.71 million and an EBITDA of $0. The EBITDA ratio measures Veritex Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Veritex Holdings Inc’s operating margin was 49.85% while its return on assets stood at 1.31% with a return of equity of 10.64%.

In Q2, Veritex Holdings Inc’s quarterly earnings growth was a positive 14.8% while revenue growth was a positive 17.2%.

Veritex Holdings Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

6.3227

PEG

2.55

Its diluted EPS in the last 12-months stands at $2.82 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.55. 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 Veritex Holdings Inc’s profitability.

Veritex Holdings 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 3.8748.

Veritex Holdings Inc stock pays annual dividends of $0.8 per share, indicating a yield of 4.49% and a payout ratio of 26.76%.

Balance sheet and cash flow metrics

Total Assets

$12.47 billion

Total Liabilities

$190.90 million

Operating Cash Flow

$-41762000.00

Capital Expenditure

$0

Dividend Payout Ratio

26.76%

Veritex Holdings Inc ended 2024 with $12.47 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.47 billion while shareholder equity stood at $1.49 billion.

Veritex Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $190.90 million in other current liabilities, 609000.00 in common stock, $429.75 million in retained earnings and $404.45 million in goodwill. Its cash balance stood at $663.92 million and cash and short-term investments were $663.92 million. The company’s total short-term debt was $0 while long-term debt stood at $1.55 billion.

Veritex Holdings Inc’s total current assets stands at $663.92 million while long-term investments were $1.28 billion and short-term investments were $961.05 million. Its net receivables were $9.59 billion compared to accounts payable of $190.90 million and inventory worth $0.

In 2024, Veritex Holdings Inc's operating cash flow was $-41762000.00 while its capital expenditure stood at $0.

Comparatively, Veritex Holdings Inc paid $0.27 in dividends in 2024.

Other key metrics

Current Trading Price

$17.92

52-Week High

$32.1817

52-Week Low

$14.7429

Analyst Target Price

$25

Veritex Holdings Inc stock is currently trading at $17.92 per share. It touched a 52-week high of $32.1817 and a 52-week low of $32.1817. Analysts tracking the stock have a 12-month average target price of $25.

Its 50-day moving average was $19.54 and 200-day moving average was $21.77 The short ratio stood at 5.27 indicating a short percent outstanding of 0%.

Around 354.6% of the company’s stock are held by insiders while 8966.3% are held by institutions.