Carter Bankshares Inc. (CARE)
Carter Bankshares Statistics
Share Statistics
Carter Bankshares has 23.13M shares outstanding. The number of shares has increased by 0.5% in one year.
| Shares Outstanding | 23.13M |
| Shares Change (YoY) | 0.5% |
| Shares Change (QoQ) | 0.26% |
| Owned by Institutions (%) | 48.15% |
| Shares Floating | 22.24M |
| Failed to Deliver (FTD) Shares | 32 |
| FTD / Avg. Volume | 0.05% |
Short Selling Information
The latest short interest is 591.74K, so 2.56% of the outstanding shares have been sold short.
| Short Interest | 591.74K |
| Short % of Shares Out | 2.56% |
| Short % of Float | 2.61% |
| Short Ratio (days to cover) | 9.92 |
Valuation Ratios
The PE ratio is 16.37 and the forward PE ratio is 8.13. Carter Bankshares's PEG ratio is 2.73.
| PE Ratio | 16.37 |
| Forward PE | 8.13 |
| PS Ratio | 1.81 |
| Forward PS | 2 |
| PB Ratio | 1.04 |
| P/FCF Ratio | 10.87 |
| PEG Ratio | 2.73 |
Enterprise Valuation
Carter Bankshares has an Enterprise Value (EV) of 340.18M.
| EV / Sales | 1.53 |
| EV / EBITDA | 0 |
| EV / EBIT | 9.21 |
| EV / FCF | 9.21 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.18.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | - |
| Debt / FCF | 1.9 |
| Interest Coverage | 2.01 |
Financial Efficiency
Return on Equity is 6.38% and Return on Invested Capital is 18.58%.
| Return on Equity | 6.38% |
| Return on Assets | 0.53% |
| Return on Invested Capital | 18.58% |
| Revenue Per Employee | $326.07K |
| Profits Per Employee | $36.06K |
| Employee Count | 680 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 6.35M |
| Effective Tax Rate | 20.56% |
Stock Price Statistics
The stock price has increased by 27% in the last 52 weeks. The beta is 0.63, so Carter Bankshares's price volatility has been higher than the market average.
| Beta | 0.63 |
| 52-Week Price Change | 27% |
| 50-Day Moving Average | 16.14 |
| 200-Day Moving Average | 17.18 |
| Relative Strength Index (RSI) | 48.96 |
| Average Volume (20 Days) | 68.21K |
Income Statement
In the last 12 months, Carter Bankshares had revenue of 221.73M and earned 24.52M in profits. Earnings per share was 1.06.
| Revenue | 221.73M |
| Gross Profit | 221.73M |
| Operating Income | 216.05M |
| Net Income | 24.52M |
| EBITDA | 0 |
| EBIT | 126.3M |
| Earnings Per Share (EPS) | 1.06 |
Balance Sheet
The company has 131.17M in cash and 70M in debt, giving a net cash position of 61.17M.
| Cash & Cash Equivalents | 131.17M |
| Total Debt | 70M |
| Net Cash | 61.17M |
| Retained Earnings | 333.61M |
| Total Assets | 4.66B |
| Working Capital | 786.12M |
Cash Flow
In the last 12 months, operating cash flow was 36.94M and capital expenditures 0, giving a free cash flow of 36.94M.
| Operating Cash Flow | 36.94M |
| Capital Expenditures | 0 |
| Free Cash Flow | 36.94M |
| FCF Per Share | 1.62 |
Margins
Gross margin is 100%, with operating and profit margins of 97.44% and 11.06%.
| Gross Margin | 100% |
| Operating Margin | 97.44% |
| Pretax Margin | 13.92% |
| Profit Margin | 11.06% |
| EBITDA Margin | n/a |
| EBIT Margin | 97.44% |
| FCF Margin | 16.66% |
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 | 6.11% |
| FCF Yield | 9.2% |
Analyst Forecast
The average price target for CARE is $21.5, which is 39.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $21.5 |
| Price Target Difference | 39.8% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Scores
| Altman Z-Score | 0.39 |
| Piotroski F-Score | 7 |