Is Hope Bancorp Stock a Good Investment?
Hope Bancorp Investment Advice | HOPE |
- Examine Hope Bancorp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Hope Bancorp's leadership team and their track record. Good management can help Hope Bancorp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Hope Bancorp's business and its evolving consumer preferences.
- Compare Hope Bancorp's performance and market position to its competitors. Analyze how Hope Bancorp is positioned in terms of product offerings, innovation, and market share.
- Check if Hope Bancorp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Hope Bancorp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hope Bancorp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hope Bancorp is a good investment.
Sell | Buy |
Buy
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Hope Bancorp Stock
Researching Hope Bancorp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.77. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hope Bancorp has Price/Earnings To Growth (PEG) ratio of 1.34. The entity last dividend was issued on the 7th of November 2024. The firm had 2:1 split on the 16th of June 2004.
To determine if Hope Bancorp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hope Bancorp's research are outlined below:
| Over 91.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 Hope Bancorp paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Sell Angelee Harris Sells 3,000 Shares of Hope Bancorp Inc |
Hope Bancorp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hope Bancorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hope Bancorp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 22nd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Hope Bancorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hope Bancorp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-01-25 | 2009-12-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2002-10-17 | 2002-09-30 | 0.12 | 0.14 | 0.02 | 16 | ||
2002-07-18 | 2002-06-30 | 0.1 | 0.12 | 0.02 | 20 | ||
2001-10-10 | 2001-09-30 | 0.13 | 0.11 | -0.02 | 15 | ||
2024-04-29 | 2024-03-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2024-01-30 | 2023-12-31 | 0.21 | 0.24 | 0.03 | 14 | ||
2020-04-28 | 2020-03-31 | 0.24 | 0.21 | -0.03 | 12 | ||
2015-10-19 | 2015-09-30 | 0.29 | 0.32 | 0.03 | 10 |
Know Hope Bancorp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hope Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hope Bancorp backward and forwards among themselves. Hope Bancorp's institutional investor refers to the entity that pools money to purchase Hope Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | American Century Companies Inc | 2024-09-30 | 2.3 M | Lsv Asset Management | 2024-09-30 | 2 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.7 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Rhino Investment Partners, Inc. | 2024-09-30 | 1.1 M | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 1.1 M | Boston Partners Global Investors, Inc | 2024-09-30 | 1.1 M | Fmr Inc | 2024-09-30 | 1 M | Bank Of America Corp | 2024-06-30 | 932.9 K | Blackrock Inc | 2024-06-30 | 17.4 M | Vanguard Group Inc | 2024-09-30 | 13.8 M |
Hope Bancorp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.66 B.Market Cap |
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Hope Bancorp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.06 | 0.04 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.06 | 0.06 |
Determining Hope Bancorp's profitability involves analyzing its financial statements and using various financial metrics to determine if Hope Bancorp is a good buy. For example, gross profit margin measures Hope Bancorp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hope Bancorp's profitability and make more informed investment decisions.
Please note, the presentation of Hope Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hope Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hope Bancorp's management manipulating its earnings.
Evaluate Hope Bancorp's management efficiency
At present, Hope Bancorp's Return On Assets are projected to slightly decrease based on the last few years of reporting. At present, Hope Bancorp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 18 B, whereas Total Current Assets are forecasted to decline to about 1.8 B. Hope Bancorp's management efficiency ratios could be used to measure how well Hope Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.61 | 18.50 | |
| Tangible Book Value Per Share | 13.73 | 14.41 | |
| Enterprise Value Over EBITDA | 714.89 | 750.63 | |
| Price Book Value Ratio | 0.69 | 0.65 | |
| Enterprise Value Multiple | 714.89 | 750.63 | |
| Price Fair Value | 0.69 | 0.65 | |
| Enterprise Value | 1.4 B | 868.7 M |
Effective leadership at Hope Bancorp drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.0407 | Forward Dividend Yield 0.0407 | Forward Dividend Rate 0.56 | Beta 1.126 |
Basic technical analysis of Hope Stock
As of the 29th of November, Hope Bancorp retains the Risk Adjusted Performance of 0.063, market risk adjusted performance of 0.0841, and Downside Deviation of 1.77. Hope Bancorp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hope Bancorp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Hope Bancorp is priced fairly, providing market reflects its last-minute price of 13.62 per share. Given that Hope Bancorp has jensen alpha of (0.1), we strongly advise you to confirm Hope Bancorp's regular market performance to make sure the company can sustain itself at a future point.Hope Bancorp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hope Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hope Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hope Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hope Bancorp's Outstanding Corporate Bonds
Hope Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hope Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hope bonds can be classified according to their maturity, which is the date when Hope Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Hope Bancorp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Hope Bancorp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.063 | |||
| Market Risk Adjusted Performance | 0.0841 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.57 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 1366.71 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 | |||
| Information Ratio | 0.0227 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | 0.0741 | |||
| Maximum Drawdown | 19.73 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.19 | |||
| Downside Variance | 3.15 | |||
| Semi Variance | 2.45 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 3.1 | |||
| Kurtosis | 18.4 |
| Risk Adjusted Performance | 0.063 | |||
| Market Risk Adjusted Performance | 0.0841 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.57 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 1366.71 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 | |||
| Information Ratio | 0.0227 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | 0.0741 | |||
| Maximum Drawdown | 19.73 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.19 | |||
| Downside Variance | 3.15 | |||
| Semi Variance | 2.45 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 3.1 | |||
| Kurtosis | 18.4 |
Consider Hope Bancorp's intraday indicators
Hope Bancorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hope Bancorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 9198.04 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.76 | |||
| Day Typical Price | 13.71 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.15) | |||
| Relative Strength Index | 67.57 |
Hope Bancorp Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Hope Stock media impact
Far too much social signal, news, headlines, and media speculation about Hope Bancorp that are available to investors today. That information is available publicly through Hope media outlets and privately through word of mouth or via Hope internal channels. However, regardless of the origin, that massive amount of Hope data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Hope Bancorp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hope Bancorp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hope Bancorp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hope Bancorp alpha.
Hope Bancorp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Hope Bancorp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Hope Bancorp Corporate Executives
Elected by the shareholders, the Hope Bancorp's board of directors comprises two types of representatives: Hope Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hope. The board's role is to monitor Hope Bancorp's management team and ensure that shareholders' interests are well served. Hope Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hope Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Julianna Balicka | Executive CFO | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hope Bancorp. If investors know Hope will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hope Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 0.56 | Earnings Share 0.84 | Revenue Per Share 4.018 | Quarterly Revenue Growth (0.11) |
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Hope Bancorp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.