Is Mid Penn Stock a Good Investment?
Mid Penn Investment Advice | MPB |
- Examine Mid Penn'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 Mid Penn's leadership team and their track record. Good management can help Mid Penn 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 Mid Penn's business and its evolving consumer preferences.
- Compare Mid Penn's performance and market position to its competitors. Analyze how Mid Penn is positioned in terms of product offerings, innovation, and market share.
- Check if Mid Penn pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Mid Penn'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 Mid Penn 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 Mid Penn Bancorp is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Mid Penn Stock
Researching Mid Penn'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 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.1. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mid Penn Bancorp last dividend was issued on the 8th of November 2024. The entity had 105:100 split on the 7th of May 2007.
To determine if Mid Penn 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 Mid Penn's research are outlined below:
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from bizjournals.com: Norcross family buys up 25M stake in Mid Penn Bancorp |
Mid Penn Quarterly Cash And Short Term Investments |
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Mid Penn 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 Mid Penn 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 Mid Penn'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.
| 26th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 24th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Mid Penn'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 Mid Penn's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-04-27 | 2020-03-31 | 0.39 | 0.45 | 0.06 | 15 | ||
2023-10-25 | 2023-09-30 | 0.63 | 0.56 | -0.07 | 11 | ||
2010-04-22 | 2010-03-31 | 0.1 | 0.17 | 0.07 | 70 | ||
2022-07-27 | 2022-06-30 | 0.69 | 0.77 | 0.08 | 11 | ||
2010-10-21 | 2010-09-30 | 0.19 | 0.11 | -0.08 | 42 | ||
2024-07-24 | 2024-06-30 | 0.61 | 0.71 | 0.1 | 16 | ||
2024-04-24 | 2024-03-31 | 0.61 | 0.73 | 0.12 | 19 | ||
2022-04-27 | 2022-03-31 | 0.59 | 0.71 | 0.12 | 20 |
Know Mid Penn's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Mid Penn is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mid Penn Bancorp backward and forwards among themselves. Mid Penn's institutional investor refers to the entity that pools money to purchase Mid Penn'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 | Petiole Usa Ltd | 2024-09-30 | 197.1 K | Lsv Asset Management | 2024-09-30 | 175 K | Northern Trust Corp | 2024-09-30 | 129.2 K | Hillsdale Investment Management Inc. | 2024-09-30 | 117.5 K | Emerald Mutual Fund Advisers Trust | 2024-09-30 | 108.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 106.1 K | Wharton Business Group, Llc | 2024-09-30 | 84.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 72.7 K | Kennedy Capital Management Inc | 2024-09-30 | 71.3 K | Blackrock Inc | 2024-06-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 820.9 K |
Mid Penn's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 627.57 M.Market Cap |
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Mid Penn's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.05 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.07 | 0.11 |
Determining Mid Penn's profitability involves analyzing its financial statements and using various financial metrics to determine if Mid Penn is a good buy. For example, gross profit margin measures Mid Penn'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 Mid Penn's profitability and make more informed investment decisions.
Please note, the presentation of Mid Penn'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, Mid Penn's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Mid Penn's management manipulating its earnings.
Evaluate Mid Penn's management efficiency
At present, Mid Penn's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Mid Penn's Total Assets 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 6 B, whereas Non Currrent Assets Other are projected to grow to (787.9 M). Mid Penn's management efficiency ratios could be used to measure how well Mid Penn 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 | 33.23 | 34.90 | |
| Tangible Book Value Per Share | 25.05 | 26.31 | |
| Enterprise Value Over EBITDA | 13.04 | 7.93 | |
| Price Book Value Ratio | 0.73 | 0.69 | |
| Enterprise Value Multiple | 13.04 | 7.93 | |
| Price Fair Value | 0.73 | 0.69 | |
| Enterprise Value | 672.3 M | 705.9 M |
Effective leadership at Mid Penn drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.0247 | Forward Dividend Yield 0.0247 | Forward Dividend Rate 0.8 | Beta 0.561 |
Basic technical analysis of Mid Stock
As of the 25th of November, Mid Penn secures the Mean Deviation of 1.44, risk adjusted performance of 0.1053, and Downside Deviation of 1.54. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mid Penn Bancorp, as well as the relationship between them.Mid Penn'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 Mid Penn insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mid Penn'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 Mid Penn 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.
Mid Penn's Outstanding Corporate Bonds
Mid Penn 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. Mid Penn 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 Mid bonds can be classified according to their maturity, which is the date when Mid Penn 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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Understand Mid Penn's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Mid Penn'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 | 0.1053 | |||
| Market Risk Adjusted Performance | 0.1943 | |||
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 771.91 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.65 | |||
| Information Ratio | 0.0611 | |||
| Jensen Alpha | 0.0819 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0757 | |||
| Treynor Ratio | 0.1843 | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.72 | |||
| Downside Variance | 2.38 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.68) | |||
| Skewness | 0.7579 | |||
| Kurtosis | 1.01 |
| Risk Adjusted Performance | 0.1053 | |||
| Market Risk Adjusted Performance | 0.1943 | |||
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 771.91 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.65 | |||
| Information Ratio | 0.0611 | |||
| Jensen Alpha | 0.0819 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0757 | |||
| Treynor Ratio | 0.1843 | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.72 | |||
| Downside Variance | 2.38 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.68) | |||
| Skewness | 0.7579 | |||
| Kurtosis | 1.01 |
Consider Mid Penn's intraday indicators
Mid Penn 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 Mid Penn 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.
Mid Penn Corporate Filings
F3 | 8th of November 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 5th 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 |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Mid Stock media impact
Far too much social signal, news, headlines, and media speculation about Mid Penn that are available to investors today. That information is available publicly through Mid media outlets and privately through word of mouth or via Mid internal channels. However, regardless of the origin, that massive amount of Mid 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 Mid Penn 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 Mid Penn 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 Mid Penn's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Mid Penn alpha.
Mid Penn Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Mid Penn 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.
Mid Penn Corporate Management
| Scott Micklewright | Chief Lending Officer of Mid Penn Bank and Executive VP of Mid Penn Bank | Profile | |
| Joan Dickinson | Ex Office | Profile | |
| Allison Johnson | EVP CFO | Profile | |
| Tracie Youngblood | Senior Officer | Profile | |
| Elizabeth Martin | Corporate Secretary | Profile | |
| CFP CFP | Ex Bank | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Mid Penn. If investors know Mid 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 Mid Penn 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 0.328 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 10.457 | Quarterly Revenue Growth 0.1 |
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.