NasdaqGS:SYBTBanks
Is Stock Yards Bancorp (SYBT) Pricing Match Its Mixed Returns And Earnings Valuation Signals
If you are wondering whether Stock Yards Bancorp at about US$69.54 is offering fair value right now, the key is to line up its price against what the business may be worth using a few different yardsticks.
The stock has returned 2.8% over the last 7 days, 3.1% over the last 30 days, 6.7% year to date, but is still showing a 7.8% decline over the last year, even though the 3 year and 5 year returns sit at 21.7% and 60.8% respectively.
These mixed returns sit against a backdrop where Stock...