Today BankUnited (BKU) Hits New Lifetime High
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified BankUnited as such a stock due to the following factors:
- BKU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $29.2 million.
- BKU has traded 2,299 shares today.
- BKU is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in BKU with the Ticky from Trade-Ideas. See the FREE profile for BKU NOW at Trade-Ideas
More details on BKU:
BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking products services to commercial and middle-market businesses, and individual customers in the United States. The stock currently has a dividend yield of 2.2%. BKU has a PE ratio of 17. Currently there are 6 analysts that rate BankUnited a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for BankUnited has been 787,800 shares per day over the past 30 days. BankUnited has a market cap of $3.9 billion and is part of the financial sector and banking industry. The stock has a beta of 0.88 and a short float of 4.1% with 5.56 days to cover. Shares are up 31.2% year-to-date as of the close of trading on Wednesday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates BankUnited as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, solid stock price performance and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 3.3%. Since the same quarter one year prior, revenues rose by 18.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Banks industry. The net income increased by 91.0% when compared to the same quarter one year prior, rising from $53.57 million to $102.30 million.
- The gross profit margin for BANKUNITED INC is currently very high, coming in at 79.31%. Regardless of BKU's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, BKU's net profit margin of 40.10% significantly outperformed against the industry.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Commercial Banks industry and the overall market on the basis of return on equity, BANKUNITED INC has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
- Powered by its strong earnings growth of 86.27% and other important driving factors, this stock has surged by 28.13% over the past year, outperforming the rise in the S&P 500 Index during the same period. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- You can view the full BankUnited Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.