Carter Bankshares Inc. (CARE)
Carter Bankshares Statistics
Share Statistics
Carter Bankshares has 23.07M shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 23.07M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 22.24M |
| Failed to Deliver (FTD) Shares | 12 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 638.70K, so 2.77% of the outstanding shares have been sold short.
| Short Interest | 638.70K |
| Short % of Shares Out | 2.77% |
| Short % of Float | 2.87% |
| Short Ratio (days to cover) | 8.22 |
Valuation Ratios
The PE ratio is 14.88 and the forward PE ratio is 9.31. Carter Bankshares 's PEG ratio is 0.14.
| PE Ratio | 14.88 |
| Forward PE | 9.31 |
| PS Ratio | 2.55 |
| Forward PS | 2.4 |
| PB Ratio | 0.99 |
| P/FCF Ratio | 9.42 |
| PEG Ratio | 0.14 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Carter Bankshares Inc..
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 1.12.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 1.12 |
| Total Debt / Capitalization | 52.83 |
| Cash Flow / Debt | 0.12 |
| Interest Coverage | 0.39 |
Financial Efficiency
Return on equity (ROE) is 0.07% and return on capital (ROIC) is 3.14%.
| Return on Equity (ROE) | 0.07% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 3.14% |
| Revenue Per Employee | 201.20K |
| Profits Per Employee | 34.44K |
| Employee Count | 679 |
| Asset Turnover | 0.03 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 5.34M |
| Effective Tax Rate | 0.19 |
Stock Price Statistics
The stock price has increased by 24.14% in the last 52 weeks. The beta is 1.03, so Carter Bankshares 's price volatility has been higher than the market average.
| Beta | 1.03 |
| 52-Week Price Change | 24.14% |
| 50-Day Moving Average | 18.07 |
| 200-Day Moving Average | 16.1 |
| Relative Strength Index (RSI) | 54.18 |
| Average Volume (20 Days) | 76.41K |
Income Statement
In the last 12 months, Carter Bankshares had revenue of 136.61M and earned 23.38M in profits. Earnings per share was 1.
| Revenue | 136.61M |
| Gross Profit | 134.19M |
| Operating Income | 28.72M |
| Net Income | 23.38M |
| EBITDA | 0 |
| EBIT | 28.72M |
| Earnings Per Share (EPS) | 1 |
Balance Sheet
The company has 54.53M in cash and 393.40M in debt, giving a net cash position of -338.87M.
| Cash & Cash Equivalents | 54.53M |
| Total Debt | 393.40M |
| Net Cash | -338.87M |
| Retained Earnings | 309.08M |
| Total Assets | 4.61B |
| Working Capital | 847.63M |
Cash Flow
In the last 12 months, operating cash flow was 46.73M and capital expenditures -9.80M, giving a free cash flow of 36.93M.
| Operating Cash Flow | 46.73M |
| Capital Expenditures | -9.80M |
| Free Cash Flow | 36.93M |
| FCF Per Share | 1.59 |
Margins
Gross margin is 98.22%, with operating and profit margins of 21.02% and 17.12%.
| Gross Margin | 98.22% |
| Operating Margin | 21.02% |
| Pretax Margin | 21.02% |
| Profit Margin | 17.12% |
| EBITDA Margin | n/a |
| EBIT Margin | 21.02% |
| FCF Margin | 27.03% |
Dividends & Yields
CARE does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 5.57% |
| FCF Yield | 8.92% |
Analyst Forecast
The average price target for CARE is $21.5, which is 19.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $21.5 |
| Price Target Difference | 19.8% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Scores
| Altman Z-Score | 0.42 |
| Piotroski F-Score | 7 |