Should You Sell Popular Inc. (BPOP) And Go Away This Year?

Popular Inc. (NASDAQ:BPOP) currently has a daily average trading volume of 424.34K but it saw 2363128 shares traded in last market. With a market cap of 6.49B USD, the company’s current market price of $89.73 came falling about -10.21 while comparing to the previous closing price of $99.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $105.01 and as low as $59.27. In the recent trading on the day, stock has struck highest price mark of $86.86 while lowest mark touched by it was $97.055.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which downgraded the stock as “Equal Weight” in its note to investors issued on October 01, 2024, recommending a price target of between $115 and $105 for it. Hovde Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $113 and $123.

Over the week, BPOP’s stock price is moving -11.38% down while it is -10.52% when we observe its performance for the past one month. Year-to-date it is 9.33% up and over the past year, the stock is showing an upside performance of 48.31%.

Currently, Popular Inc.’s total number of outstanding shares is 72.15M. Company’s return on investment (ROI) stands at 8.00% and return on equity (ROE) at 10.31%. It has a price to earnings ratio (P/E ratio) of 12.63 while having a 8.59 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is 0.71% on average.