NEW YORK, NY - MARCH 28: Traders work on the floor of the New York Stock Exchange on March 28, 2014 in New York City. The Dow Jones industrial avererage was up over 100 points in afternoon trading. (Photo by Spencer Platt/Getty Images)

First Busey Corporation is part of the banking industry and trades as part of the financial services sector. 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 0.82% which opened at 25.87 and closed at 25.88. It moved to an intraday high of 26.17 and a low of 25.57.

SeekingAlpha:  Introspection Is Key: Assessing Past Regional Bank Trades And Their Post-Sale Performance

Historical Performance:

Over the last five trading days, BUSE shares returned 1.93% and in the past 30 trading days it returned -4.57%. Over three months, it changed 1.40%. In one year it has changed -13.00% and within that year its 52-week high was 33.25 and its 52-week low was 23.13. BUSE stock is 11.89% above its 52 Week Low.

Our calculations result in a 200 day moving average of 28.17 and a 50 day moving average of 25.91. Right now, BUSE stock is trading -8.14% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

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Liquidity:

The company has a market cap of $1.4b with 55.6m shares outstanding and a float of 49.7m shares. Trading volume was 98,219 shares and has experienced an average volume of 128,308 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 2.02 which ended on 31st of December 2018, which according to the previous close, that is a PE of 12.81. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.53. The trailing twelve month EPS is 2.11, which comes to a trailing twelve month PE of 12.27. Historically, the PE high was 23.50 and the PE low was 12.27. BUSE stock has set a new PE low record!

The dividend per share is currently 0.84, which is a dividend yield of 3.25%. Also, the payout ratio is 39.81%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 35.56, which means it might be undervalued and has a margin of safety of 27.23%

The next earnings report will be: 04-30-2019



EPS growth is an important number as it indicates the future prospects of First Busey Corporation; it is typically displayed as a percentage and called the EPS growth rate, which is 6.00%.

Indicators Also to Watch:

Based on the latest filings, there is 12.20% of insider ownership and 70.40% of institutional ownership.

I calculated the beta to be 1.01

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 10.25%, return on assets is 1.27%, profit margin is 27.03%, price-to-sales is 5.01 and price-to-book is 1.45.

Company Score Card:

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