StockStory Cites Weak Growth and Book-Value Forecast for United Community Banks
The publisher points to flat five-year EPS and a projected decline in tangible book value per share as reasons to avoid the bank's stock.
Key takeaways
- United Community Banks' revenue grew at a 9.1% annualized rate over five years, while EPS was flat.
- Consensus estimates cited by StockStory project tangible book value per share will fall 1.6% over the next 12 months.
StockStory said it would pass on United Community Banks, citing flat earnings per share over five years and a projected decline in tangible book value per share. The publisher described the bank's fundamentals as too risky for its valuation.
The article said revenue grew at a 9.1% annualized rate over the past five years, while EPS was flat. Consensus estimates cited by StockStory call for tangible book value per share to shrink 1.6% to $22.86 over the next 12 months.
United Community Banks shares were listed at $33.39 in the article, with a forward price-to-book ratio of 1.1. StockStory called the valuation reasonable but said it saw better opportunities elsewhere.
This article was produced with the help of AI technology. Source: Yahoo Finance
