Third Coast Bancshares Stock Performance
| TCBX Stock | USD 35.50 0.09 0.25% |
On a scale of 0 to 100, Third Coast holds a performance score of 20. The entity has a beta of 0.96, which indicates possible diversification benefits within a given portfolio. Third Coast returns are very sensitive to returns on the market. As the market goes up or down, Third Coast is expected to follow. Please check Third Coast's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Third Coast's existing price patterns will revert.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Third Coast Bancshares are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak fundamental drivers, Third Coast showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.25 | Five Day Return (2.12) | Year To Date Return 81.21 | Ten Year Return 41.94 | All Time Return 41.94 |
1 | Third Coast Banks 60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion | 09/16/2024 |
2 | All You Need to Know About Third Coast Bancshares Rating Upgrade to Buy | 09/24/2024 |
3 | Disposition of 5000 shares by Stunja Joseph of Third Coast at 11.0 subject to Rule 16b-3 | 09/27/2024 |
4 | Disposition of 604 shares by Vicki Alexander of Third Coast at 25.8 subject to Rule 16b-3 | 10/02/2024 |
5 | Third Coast Bancshares Inc Q3 2024 Earnings EPS of 0.74 Beats Estimates, Revenue at 40.4 Million | 10/23/2024 |
6 | Third Coast Bancshares Inc Shares Up 4.81 percent on Oct 24 | 10/24/2024 |
7 | Is Now The Time To Put Third Coast Bancshares On Your Watchlist | 10/25/2024 |
8 | Surging Earnings Estimates Signal Upside for Third Coast Bancshares Stock | 10/29/2024 |
9 | Acquisition by Audrey Duncan of 400 shares of Third Coast subject to Rule 16b-3 | 11/07/2024 |
10 | Proactive Strategies - Stock Traders Daily | 11/15/2024 |
11 | Are You Looking for a Top Momentum Pick Why Third Coast Bancshares, Inc. is a Great Choice - MSN | 11/20/2024 |
| Begin Period Cash Flow | 332 M |
Third |
Third Coast Relative Risk vs. Return Landscape
If you would invest 2,567 in Third Coast Bancshares on September 1, 2024 and sell it today you would earn a total of 983.00 from holding Third Coast Bancshares or generate 38.29% return on investment over 90 days. Third Coast Bancshares is currently generating 0.5282% in daily expected returns and assumes 2.0476% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Third, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Third Coast Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Third Coast's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Third Coast Bancshares, and traders can use it to determine the average amount a Third Coast's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2579
| Best Portfolio | Best Equity | |||
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| Small Returns | TCBX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Third Coast is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Third Coast by adding it to a well-diversified portfolio.
Third Coast Fundamentals Growth
Third Stock prices reflect investors' perceptions of the future prospects and financial health of Third Coast, and Third Coast fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Third Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 349.95 M | ||||
| Shares Outstanding | 13.68 M | ||||
| Price To Earning | 10.02 X | ||||
| Price To Book | 1.08 X | ||||
| Price To Sales | 3.06 X | ||||
| Revenue | 266.54 M | ||||
| Gross Profit | 111.48 M | ||||
| EBITDA | 41.61 M | ||||
| Net Income | 33.4 M | ||||
| Cash And Equivalents | 217.98 M | ||||
| Cash Per Share | 16.10 X | ||||
| Total Debt | 141.71 M | ||||
| Book Value Per Share | 32.96 X | ||||
| Cash Flow From Operations | 39.08 M | ||||
| Earnings Per Share | 2.56 X | ||||
| Market Capitalization | 485.61 M | ||||
| Total Asset | 4.4 B | ||||
| Retained Earnings | 78.78 M | ||||
About Third Coast Performance
Evaluating Third Coast's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Third Coast has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Third Coast has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.01 | 0.02 | |
| Return On Equity | 0.08 | 0.05 |
Things to note about Third Coast Bancshares performance evaluation
Checking the ongoing alerts about Third Coast for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Third Coast Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Are You Looking for a Top Momentum Pick Why Third Coast Bancshares, Inc. is a Great Choice - MSN |
- Analyzing Third Coast's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Third Coast's stock is overvalued or undervalued compared to its peers.
- Examining Third Coast's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Third Coast's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Third Coast's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Third Coast's stock. These opinions can provide insight into Third Coast's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Third Stock Analysis
When running Third Coast's price analysis, check to measure Third Coast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.