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PGC
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$30.07
Change
+$0.37 (+1.25%)
Capitalization
545.6M

PGC Price Prediction, Peapack-Gladstone Financial Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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12:00 AM EDT Jul 01, 2022

PGC sees MACD Histogram just turned negative

PGC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 10, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In 27 of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 66%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for PGC moved out of overbought territory on June 01, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on June 09, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on PGC as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PGC moved below its 50-day moving average on June 09, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PGC crossed bearishly below the 50-day moving average on June 16, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for PGC entered a downward trend on July 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where PGC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PGC advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .

PGC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. PGC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.055) is normal, around the industry mean (2.353). P/E Ratio (10.121) is within average values for comparable stocks, (29.176). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.499). Dividend Yield (0.007) settles around the average of (0.037) among similar stocks. P/S Ratio (2.677) is also within normal values, averaging (3.079).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PGC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.

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published price charts
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published Earnings

PGC is expected to report earnings to fall 19.58% to 85 cents per share on July 29

Peapack-Gladstone Financial Corp PGC Stock Earnings Reports
Q2'22
Est.
$0.85
Q1'22
Beat
by $0.26
Q4'21
Missed
by $0.02
Q3'21
Beat
by $0.01
Q2'21
Beat
by $0.08
The last earnings report on April 29 showed earnings per share of $1.06, beating the estimate of 79 cents. With 39.23K shares outstanding, the current market capitalization sits at 545.60M.
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published Dividends

PGC paid dividends on May 26, 2022

Peapack-Gladstone Financial Corp PGC Stock Dividends
А dividend of $0.05 per share was paid with a record date of May 26, 2022, and an ex-dividend date of May 11, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), Itau Unibanco Holding SA (NYSE:ITUB), Banco Bradesco SA (NYSE:BBD), Deutsche Bank Aktiengesellschaft (NYSE:DB), Regions Financial Corp (NYSE:RF), Huntington Bancshares (NASDAQ:HBAN), KeyCorp (NYSE:KEY), Veritex Holdings (NASDAQ:VBTX).

Industry description

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

Market Cap

The average market capitalization across the Regional Banks Industry is 4.75B. The market cap for tickers in the group ranges from 10.73K to 158.09B. CIHKY holds the highest valuation in this group at 158.09B. The lowest valued company is ACBCQ at 10.73K.

High and low price notable news

The average weekly price growth across all stocks in the Regional Banks Industry was -0%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -4%. FSTF experienced the highest price growth at 187%, while UNPA experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was 145%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 49
Price Growth Rating: 53
SMR Rating: 48
Profit Risk Rating: 76
Seasonality Score: -7 (-100 ... +100)
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published General Information

General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
500 Hills Drive
Phone
+1 908 234-0700
Employees
497
Web
https://www.pgbank.com

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PGC and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, PGC has been closely correlated with EFSC. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if PGC jumps, then EFSC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PGC
1D Price
Change %
PGC100%
+1.25%
EFSC - PGC
79%
Closely correlated
+1.35%
SASR - PGC
78%
Closely correlated
+1.66%
BUSE - PGC
78%
Closely correlated
+2.28%
FFBC - PGC
78%
Closely correlated
+1.96%
GSBC - PGC
78%
Closely correlated
+1.49%
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