OFG Bancorp (NYSE:OFG) surges in premarket trading after announcing an agreement to buy Bank of Nova Scotia’s (NYSE:BNS) Puerto Rico operations and U.S. Virgin Island branches, a deal that KBW analyst Glen Manna calls the deal “transformational: and “highly accretive” for OFG.
Technical Stock Analysis
OFG Bancorp (NYSE:OFG), a Financial sector firm, traded 538145 shares in last trading session and stock added 1.02% with closing price of $20.70 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a OFG Bancorp (NYSE:OFG)’s profitability or to compare the efficiency of different investments, hence, OFG return on investment (ROI) is 18.60%.
52-Week Range
52-Week Range are valuable stats for watching OFG Bancorp (NYSE:OFG)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. OFG Bancorp (NYSE:OFG)’s stock value has moved between $13.99 – 22.26 in last one year.
Analyst’s Views
Analysts mean target price for OFG Bancorp (NYSE:OFG) is $22.50 while analysts mean recommendation is 2.20.
Stock Performance
Its weekly performance is -5.44% while year to date (YTD) performance is 25.76%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. OFG Bancorp (NYSE:OFG)’s EPS growth this year is 68.00%. For best decision making investors should look at OFG Bancorp (NYSE:OFG)’s EPS growth for next year stands at 5.22%.
