Veritex Statistics

Share Statistics

Veritex has 54.75M shares outstanding. The number of shares has increased by -0.21% in one year.

Shares Outstanding	54.75M
Shares Change (YoY)	-0.21%
Shares Change (QoQ)	-0.36%
Owned by Institutions (%)	88.45%
Shares Floating	52.14M
Failed to Deliver (FTD) Shares	914
FTD / Avg. Volume	0.12%

Short Selling Information

The latest short interest is 1.32M, so 2.42% of the outstanding shares have been sold short.

Short Interest	1.32M
Short % of Shares Out	2.42%
Short % of Float	2.51%
Short Ratio (days to cover)	1

Valuation Ratios

The PE ratio is 13.79 and the forward PE ratio is 12.89. Veritex's PEG ratio is -9.19.

PE Ratio	13.79
Forward PE	12.89
PS Ratio	1.85
Forward PS	3.6
PB Ratio	0.92
P/FCF Ratio	11.94
PEG Ratio	-9.19

Financial Ratio History

Enterprise Valuation

Veritex has an Enterprise Value (EV) of 854.4M.

EV / Sales	1.07
EV / EBITDA	5.39
EV / EBIT	6.26
EV / FCF	6.9

Financial Position

The company has a current ratio of 0.17, with a Debt / Equity ratio of 0.14.

Current Ratio	0.17
Quick Ratio	0.17
Debt / Equity	0.14
Debt / EBITDA	1.45
Debt / FCF	1.86
Interest Coverage	0.37

Financial Efficiency

Return on Equity is 6.7% and Return on Invested Capital is 5.32%.

Return on Equity	6.7%
Return on Assets	0.84%
Return on Invested Capital	5.32%
Revenue Per Employee	$929.62K
Profits Per Employee	$124.99K
Employee Count	858
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

Income Tax	31.75M
Effective Tax Rate	22.84%

Stock Price Statistics

The stock price has increased by 42.49% in the last 52 weeks. The beta is 1.06, so Veritex's price volatility has been higher than the market average.

Beta	1.06
52-Week Price Change	42.49%
50-Day Moving Average	28.07
200-Day Moving Average	26.61
Relative Strength Index (RSI)	54.39
Average Volume (20 Days)	783,966

Income Statement

In the last 12 months, Veritex had revenue of 797.62M and earned 107.24M in profits. Earnings per share was 1.97.

Revenue	797.62M
Gross Profit	405.54M
Operating Income	138.99M
Net Income	107.24M
EBITDA	158.64M
EBIT	138.99M
Earnings Per Share (EPS)	1.97

Full Income Statement

Balance Sheet

The company has 855.2M in cash and 230.74M in debt, giving a net cash position of 624.46M.

Cash & Cash Equivalents	855.2M
Total Debt	230.74M
Net Cash	624.46M
Retained Earnings	507.9M
Total Assets	12.53B
Working Capital	66.7M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 136.38M and capital expenditures -12.55M, giving a free cash flow of 123.83M.

Operating Cash Flow	136.38M
Capital Expenditures	-12.55M
Free Cash Flow	123.83M
FCF Per Share	2.27

Full Cash Flow Statement

Margins

Gross margin is 50.84%, with operating and profit margins of 17.43% and 13.45%.

Gross Margin	50.84%
Operating Margin	17.43%
Pretax Margin	17.43%
Profit Margin	13.45%
EBITDA Margin	19.89%
EBIT Margin	17.43%
FCF Margin	15.52%

Dividends & Yields

VBTX pays an annual dividend of $1.04, which amounts to a dividend yield of 2.75%.

Dividend Per Share	$1.04
Dividend Yield	2.75%
Dividend Growth (YoY)	0%
Payout Ratio	49.52%
Earnings Yield	7.25%
FCF Yield	8.37%

Dividend Details

Analyst Forecast

The average price target for VBTX is $34, which is 10.3% higher than the current price. The consensus rating is "Hold".

Price Target	$34
Price Target Difference	10.3%
Analyst Consensus	Hold
Analyst Count	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$11.6
Lynch Upside	-62.36%
Graham Number	36.1
Graham Upside	17.13%

Scores

Altman Z-Score	0.26
Piotroski F-Score	7

Veritex Inc. (VBTX)