Altabancorp (ALTA): Price and Financial Metrics
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ALTA POWR Grades
- ALTA scores best on the Stability dimension, with a Stability rank ahead of 88.68% of US stocks.
- The strongest trend for ALTA is in Quality, which has been heading down over the past 49 weeks.
- ALTA ranks lowest in Value; there it ranks in the 9th percentile.
ALTA Stock Summary
- With a one year PEG ratio of 726.65, Altabancorp is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 95.84% of US stocks.
- For ALTA, its debt to operating expenses ratio is greater than that reported by just 0.47% of US equities we're observing.
- With a year-over-year growth in debt of -100%, Altabancorp's debt growth rate surpasses only 0% of about US stocks.
- Stocks with similar financial metrics, market capitalization, and price volatility to Altabancorp are CASH, BOCH, FFWM, HMNF, and BHLB.
- Visit ALTA's SEC page to see the company's official filings. To visit the company's web site, go to www.peoplesutah.com.
ALTA Valuation Summary
- ALTA's price/sales ratio is 6.2; this is 93.75% higher than that of the median Financial Services stock.
- ALTA's price/sales ratio has moved up 2 over the prior 75 months.
- Over the past 75 months, ALTA's EV/EBIT ratio has gone up 2.1.
Below are key valuation metrics over time for ALTA.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ALTA | 2020-04-03 | 2.8 | 1.0 | 7.4 | 2.0 |
| ALTA | 2020-01-29 | 4.4 | 1.6 | 12.0 | 3.2 |
| ALTA | 2018-07-31 | 6.7 | 2.6 | 30.4 | 18.5 |
| ALTA | 2018-01-17 | 6.5 | 2.4 | 22.4 | 9.8 |
| ALTA | 2017-09-27 | 6.7 | 2.5 | 22.9 | 13.7 |
| ALTA | 2017-05-24 | 5.3 | 2.0 | 18.6 | 9.8 |
ALTA's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ALTA has a Quality Grade of C, ranking ahead of 25.46% of graded US stocks.
- ALTA's asset turnover comes in at 0.038 -- ranking 213th of 434 Banking stocks.
- ELVT, UBFO, and RNDB are the stocks whose asset turnover ratios are most correlated with ALTA.
The table below shows ALTA's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.038 | 1 | 0.018 |
| 2021-03-31 | 0.037 | 1 | 0.018 |
| 2020-12-31 | 0.041 | 1 | 0.020 |
| 2020-09-30 | 0.044 | 1 | 0.023 |
| 2020-06-30 | 0.046 | 1 | 0.025 |
| 2020-03-31 | 0.050 | 1 | 0.027 |
ALTA Price Target
For more insight on analysts targets of ALTA, see our ALTA price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $44.33 | Average Broker Recommendation | 2 (Hold) |
ALTA Stock Price Chart Interactive Chart >
ALTA Price/Volume Stats
| Current price | $44.16 | 52-week high | $47.80 |
| Prev. close | $44.72 | 52-week low | $19.66 |
| Day low | $44.08 | Volume | 438,500 |
| Day high | $45.20 | Avg. volume | 76,245 |
| 50-day MA | $41.40 | Dividend yield | 1.54% |
| 200-day MA | $39.45 | Market Cap | 834.05M |
Altabancorp (ALTA) Company Bio
Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. Its loan products include commercial and residential real estate lending comprising acquisition and development loans, construction loans, and mortgage financing; commercial and industrial loans; consumer loans consisting of home equity loans, home improvement loans, automobile loans, debt consolidation loans, and general consumer lending; and SBA loans. The company also offers credit and debit cards; investment securities, such as U.S. Agency issues, mortgage-backed securities, and municipal bonds; and mobile and Internet banking, automatic teller machine, treasury management, remote deposit capture, bill pay, cashier's checks, money orders, and safe deposit services. It serves real estate developers and contractors, small to medium sized businesses, individuals, and professionals and professional firms through 26 retail branches located in Utah and southern Idaho. The company was formerly known as People's Utah Bancorp and changed its name to Altabancorp in July 2020. Altabancorp was founded in 1905 and is headquartered in American Fork, Utah.
Latest ALTA News From Around the Web
Below are the latest news stories about Altabancorp that investors may wish to consider to help them evaluate ALTA as an investment opportunity.
Glacier Bancorp, Inc. Completes Acquisition of Altabancorp in American Fork, UtahKALISPELL, Mont. & AMERICAN FORK, Utah, October 01, 2021--Glacier Bancorp, Inc. ("Glacier" or the "Company") (NASDAQ: GBCI) today announced the completion of its acquisition of AltabancorpTM ("ALTA") (NASDAQ: ALTA), the bank holding company for AltabankTM, the largest community bank in Utah. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah, and will operate as the newest banking di |
Investors in Altabancorp (NASDAQ:ALTA) have made a impressive return of 111% over the past five yearsIf you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see... |
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ALTA, TGRF, HBMD, SIC; Shareholders are Encouraged to Contact the FirmNEW YORK, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Altabancorp (NASDAQ: ALTA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Glacier Bancorp, Inc. Under the terms of the merger, Altabancorp shareholders will receive 0.7971 shares of Glacier stock for each Altabancorp share. If you are an Altabancorp shareholder, click her |
Lifshitz Law Firm, P.C. Announces Investigation of ALTA, FFWM, JAX and MGPNEW YORK, NY / ACCESSWIRE / August 21, 2021 / Lifshitz Law Firm, P.Altabancorp (NASDAQ:ALTA) Lifshitz Law Firm, P. |
SHAREHOLDER ALERT: WeissLaw LLP Reminds CAI, XENT, STFR, and ALTA Shareholders About Its Ongoing InvestigationsIf you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: |
ALTA Price Returns
| 1-mo | N/A |
| 3-mo | N/A |
| 6-mo | 11.04% |
| 1-year | 40.33% |
| 3-year | 60.29% |
| 5-year | 93.20% |
| YTD | N/A |
| 2021 | 0.00% |
| 2020 | -4.97% |
| 2019 | 1.60% |
| 2018 | 0.73% |
| 2017 | 14.25% |
ALTA Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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