Independent Bank Group Stock Number Of Shares Shorted
| IBTX Stock | USD 67.31 1.82 2.78% |
Independent Bank Group fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.
Independent | Number Of Shares Shorted |
Independent Bank Group Company Number Of Shares Shorted Analysis
Independent Bank's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Independent Bank Number Of Shares Shorted | 1.73 M |
Most of Independent Bank's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Independent Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.
Click cells to compare fundamentals
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Independent Bank Group has 1.73 M of outstending shares currently sold short by investors. This is 70.08% lower than that of the Banks sector and significantly higher than that of the Financials industry. The number of shares shorted for all United States stocks is 63.32% higher than that of the company.
Independent Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.Independent Bank is currently under evaluation in number of shares shorted category among its peers.
Independent Bank Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.4B | 2.7B | 3.1B | 2.5B | 2.1B | 1.2B | |
| Enterprise Value | 2.4B | 1.6B | 954.3M | 2.5B | 2.1B | 2.2B |
Independent Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.Environmental | Governance | Social |
Independent Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0234 | ||||
| Profit Margin | (0.93) % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.89 B | ||||
| Shares Outstanding | 41.44 M | ||||
| Shares Owned By Insiders | 13.50 % | ||||
| Shares Owned By Institutions | 79.13 % | ||||
| Number Of Shares Shorted | 1.73 M | ||||
| Price To Earning | 13.02 X | ||||
| Price To Book | 1.39 X | ||||
| Price To Sales | 5.81 X | ||||
| Revenue | 507.67 M | ||||
| Gross Profit | 605.18 M | ||||
| EBITDA | 12.44 M | ||||
| Net Income | 43.2 M | ||||
| Cash And Equivalents | 533.58 M | ||||
| Cash Per Share | 12.95 X | ||||
| Total Debt | 676.44 M | ||||
| Debt To Equity | 7.34 % | ||||
| Book Value Per Share | 47.03 X | ||||
| Cash Flow From Operations | 165.27 M | ||||
| Short Ratio | 12.40 X | ||||
| Earnings Per Share | (10.50) X | ||||
| Price To Earnings To Growth | 1.81 X | ||||
| Target Price | 56.4 | ||||
| Number Of Employees | 1.52 K | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 2.71 B | ||||
| Total Asset | 19.04 B | ||||
| Retained Earnings | 616.72 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.59 % | ||||
| Net Asset | 19.04 B | ||||
| Last Dividend Paid | 1.52 |
About Independent Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank'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 Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.