Stock Yards Bancorp, Inc. (SYBT)
NASDAQ: SYBT · IEX Real-Time Price · USD
46.18
-1.93 (-4.01%)
Apr 25, 2024, 4:00 PM EDT - Market closed

Stock Yards Bancorp Statistics

Total Valuation

SYBT has a market cap or net worth of $1.35 billion. The enterprise value is $1.48 billion.

Market Cap 1.35B
Enterprise Value 1.48B

Important Dates

The last earnings date was Wednesday, April 24, 2024, before market open.

Earnings Date Apr 24, 2024
Ex-Dividend Date Mar 15, 2024

Share Statistics

SYBT has 29.33 million shares outstanding. The number of shares has increased by 1.46% in one year.

Shares Outstanding 29.33M
Shares Change (YoY) +1.46%
Shares Change (QoQ) -0.02%
Owned by Insiders (%) 8.39%
Owned by Institutions (%) 58.58%
Float 25.38M

Valuation Ratios

The trailing PE ratio is 12.58 and the forward PE ratio is 13.42. SYBT's PEG ratio is 2.00.

PE Ratio 12.58
Forward PE 13.42
PS Ratio 4.16
Forward PS 3.92
PB Ratio 1.58
P/FCF Ratio 13.45
PEG Ratio 2.00
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.27, with an EV/FCF ratio of 14.71.

EV / Earnings 13.75
EV / Sales 4.55
EV / EBITDA 9.27
EV / EBIT 10.74
EV / FCF 14.71

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.46
Debt / EBITDA 2.46
Debt / FCF 3.90
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 13.20% and return on invested capital (ROIC) is 8.62%.

Return on Equity (ROE) 13.20%
Return on Assets (ROA) 1.40%
Return on Capital (ROIC) 8.62%
Revenue Per Employee $303,029
Profits Per Employee $100,231
Employee Count 1,075
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, SYBT has paid $30.18 million in taxes.

Income Tax 30.18M
Effective Tax Rate 21.88%

Stock Price Statistics

The stock price has decreased by -3.17% in the last 52 weeks. The beta is 0.82, so SYBT's price volatility has been lower than the market average.

Beta (1Y) 0.82
52-Week Price Change -3.17%
50-Day Moving Average 45.62
200-Day Moving Average 45.68
Relative Strength Index (RSI) 52.84
Average Volume (30 Days) 81,090

Short Selling Information

The latest short interest is 1.96 million, so 6.67% of the outstanding shares have been sold short.

Short Interest 1.96M
Short Previous Month 1.95M
Short % of Shares Out 6.67%
Short % of Float 7.71%
Short Ratio (days to cover) 21.97

Income Statement

In the last 12 months, SYBT had revenue of $325.76 million and earned $107.75 million in profits. Earnings per share was $3.67.

Revenue 325.76M
Gross Profit 325.76M
Operating Income 137.93M
Pretax Income 137.93M
Net Income 107.75M
EBITDA 159.87M
EBIT 137.93M
Earnings Per Share (EPS) $3.67
Full Income Statement

Balance Sheet

The company has $265.96 million in cash and $392.58 million in debt, giving a net cash position of -$126.62 million or -$4.32 per share.

Cash & Cash Equivalents 265.96M
Total Debt 392.58M
Net Cash -126.62M
Net Cash Per Share -$4.32
Equity / Book Value 858.10M
Book Value Per Share 29.25
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $106.70 million and capital expenditures -$6.00 million, giving a free cash flow of $100.70 million.

Operating Cash Flow 106.70M
Capital Expenditures -6.00M
Free Cash Flow 100.70M
FCF Per Share $3.45
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 42.34% and 33.08%.

Gross Margin 100.00%
Operating Margin 42.34%
Pretax Margin 42.34%
Profit Margin 33.08%
EBITDA Margin 49.08%
EBIT Margin 42.34%
FCF Margin 30.91%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.60%.

Dividend Per Share $1.20
Dividend Yield 2.60%
Dividend Growth (YoY) 3.48%
Years of Dividend Growth 14
Payout Ratio 32.70%
Buyback Yield -1.46%
Shareholder Yield 1.14%
Earnings Yield 7.95%
FCF Yield 7.43%
Dividend Details

Analyst Forecast

The average price target for SYBT is $50.00, which is 8.27% higher than the current price. The consensus rating is "Hold".

Price Target $50.00
Price Target Difference 8.27%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 31, 2016. It was a forward split with a ratio of 3:2.

Last Split Date May 31, 2016
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 3