New York Community Bancorp, Inc. (NYCB): From Top to Bottom

New York Community Bancorp, Inc. (NYCB) is an interesting player in the Financial space, with a focus on Savings & Loans. The stock has been active on the tape, currently trading at $12.78, up from yesterday’s close by 5.45%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. New York Community Bancorp, Inc. (NYCB) currently trades with a market capitalization of $6.19 Billion. That value represents a market adjusting for revenues that have been falling by -5.39 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For NYCB, you can get a sense of how sustainable that is by a levered free cash flow of $1.07 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.17 on a per share basis this quarter. Perhaps, that suggests something about why 55.84% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, New York Community Bancorp, Inc. recorded a 52-week high of $17.68. It is now trading 4.9% off that level. The stock is trading $12.55 its 50-day moving average by -0.23%. The stock carved out a 52-week low down at $11.67.

In recent action, New York Community Bancorp, Inc. (NYCB) has made a move of -0.16% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.32, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.73% with $473.81 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NYCB.

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