Allegiance Bancshares (NASDAQ: ABTX) is one of 330 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its rivals? We will compare Allegiance Bancshares to similar businesses based on the strength of its valuation, profitability, institutional ownership, risk, earnings, analyst recommendations and dividends.
Insider & Institutional Ownership
39.5% of Allegiance Bancshares shares are owned by institutional investors. Comparatively, 52.3% of shares of all “Banks” companies are owned by institutional investors. 13.9% of Allegiance Bancshares shares are owned by insiders. Comparatively, 10.5% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Volatility and Risk
Allegiance Bancshares has a beta of 2.41, suggesting that its share price is 141% more volatile than the S&P 500. Comparatively, Allegiance Bancshares’ rivals have a beta of 0.78, suggesting that their average share price is 22% less volatile than the S&P 500.
This is a breakdown of current ratings for Allegiance Bancshares and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Allegiance Bancshares Competitors||2074||8227||8343||323||2.36|
Allegiance Bancshares presently has a consensus price target of $41.67, indicating a potential upside of 6.43%. As a group, “Banks” companies have a potential downside of 8.05%. Given Allegiance Bancshares’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Allegiance Bancshares is more favorable than its rivals.
This table compares Allegiance Bancshares and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Allegiance Bancshares Competitors||18.87%||8.85%||0.94%|
Earnings and Valuation
This table compares Allegiance Bancshares and its rivals revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Allegiance Bancshares||$94.17 million||N/A||25.93|
|Allegiance Bancshares Competitors||N/A||N/A||19.76|
Allegiance Bancshares is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Allegiance Bancshares beats its rivals on 7 of the 12 factors compared.
About Allegiance Bancshares
Allegiance Bancshares, Inc. is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses, professionals and individual customers. In addition to banking during normal business hours, the Company offers extended drive-in hours, automated teller machines (ATMs) and banking by telephone, mail and Internet. The Company also provides debit card services, cash management services and wire transfer services, and offers night depository, direct deposits, cashier’s checks, letters of credit and mobile deposits. It also offers safe deposit boxes, automated teller machines, drive-in services and round the clock depository facilities. The Company maintains an Internet banking Website that allows customers to obtain account balances and transfer funds among accounts.
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