New Lifetime High Reached: BOK Financial (BOKF)
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified BOK Financial as such a stock due to the following factors:
- BOKF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $18.2 million.
- BOKF has traded 5,868 shares today.
- BOKF is trading at a new lifetime high.
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More details on BOKF:
BOK Financial Corporation, a financial holding company, provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. The stock currently has a dividend yield of 2.5%. BOKF has a PE ratio of 16. Currently there is 1 analyst that rates BOK Financial a buy, no analysts rate it a sell, and 7 rate it a hold.
The average volume for BOK Financial has been 214,700 shares per day over the past 30 days. BOK Financial has a market cap of $4.7 billion and is part of the financial sector and banking industry. The stock has a beta of 0.62 and a short float of 16.1% with 14.23 days to cover. Shares are up 17% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates BOK Financial as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and attractive valuation levels. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Highlights from the ratings report include:
- BOKF's revenue growth has slightly outpaced the industry average of 3.3%. Since the same quarter one year prior, revenues slightly increased by 2.9%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
- The gross profit margin for BOK FINANCIAL CORP is currently very high, coming in at 93.69%. Regardless of BOKF's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, BOKF's net profit margin of 20.97% compares favorably to the industry average.
- BOK FINANCIAL CORP reported flat earnings per share in the most recent quarter. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, BOK FINANCIAL CORP reported lower earnings of $4.23 versus $4.60 in the prior year. This year, the market expects an improvement in earnings ($4.44 versus $4.23).
- The change in net income from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Commercial Banks industry average. The net income has decreased by 1.0% when compared to the same quarter one year ago, dropping from $75.63 million to $74.89 million.
- You can view the full BOK Financial Ratings Report.
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