The long-term trend of the EPS is an important number as it indicates the present value of First Busey Corporation. The EPS growth rate, as it is typically called, is usually expressed as a percentage, which is 6.00%. EPS growth is a vital measure of execution of the strategy for First Busey Corporation since it indicates how well the business is allocating resources to benefit shareholders.



First Busey Corporation is part of the financial services sector and is part of the banking industry. The company CEO is Van A. Dukeman. First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services.

Previous Intraday Performance:

The BUSE shares had a previous change of 1.09% which opened at 28.39 and closed at 28.69. It moved to an intraday high of 28.71 and a low of 28.32.

SeekingAlpha:  First Busey EPS in-line, misses on revenue

Historical Performance:

Over the last five trading days, BUSE shares returned 2.14% and in the past 30 trading days it returned -0.07%. Over three months, it changed -10.44%. In one year it has changed -3.73% and within that year its 52-week high was 33.25 and its 52-week low was 26.61. BUSE stock is 7.82% above its 52 Week Low.

Our calculations result in a 200 day moving average of 30.43 and a 50 day moving average of 28.95. Right now, BUSE stock is trading -5.73% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  First Busey EPS in-line, misses on revenue

Liquidity:

The company has a market cap of $1.4b with 48.8m shares outstanding and a float of 43.2m shares. Trading volume was 101,566 shares and has experienced an average volume of 104,542 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for First Busey Corporation was 1.45 which ended on 31st of December 2017, which according to the previous close, that is a PE of 19.79. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.55. The trailing twelve month EPS is 1.99, which comes to a trailing twelve month PE of 14.42. Historically, the PE high was 26.50 and the PE low was 13.40. If the stock reached its PE low, that would represent a price of 26.66, which is a decrease of -7.07%.

Below was the last reported quarterly earnings per share:
09-30-2018:  0.55
06-30-2018:  0.52
03-31-2018:  0.51
12-31-2017:  0.41

The dividend per share is currently 0.80, which is a dividend yield of 2.79%. Also, the payout ratio is 40.20%, therefore the dividend is safe according to our calculations.



Base on our calculations, the intrinsic value per share is 21.68, which means it might overvalued by -32.31%

Indicators Also to Watch:

Based on the latest filings, there is 11.60% of insider ownership and 48.50% of institutional ownership. Short-interest was 0, which was 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.00.

I calculated the beta to be 1.02

SeekingAlpha:  Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q3 2018 Update

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 9.50%, return on assets is 1.16%, profit margin is 23.02%, price-to-sales is 3.71 and price-to-book is 1.65.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 2  : Valuation Result
 3  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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