Atlantic Capital Bancshares is in the banking industry and financial services sector. The company CEO is Douglas L. Williams. Atlantic Capital Bancshares Inc provides a range of credit, treasury management, and deposit products and services to emerging growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.



Previous Intraday Performance:

The ACBI shares had a previous change of 1.83% which opened at 17.00 and closed at 17.23. It moved to an intraday high of 17.30 and a low of 17.00.

SeekingAlpha:  Atlantic Capital Bancshares, Inc. (ACBI) CEO Doug Williams on Q1 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, ACBI shares returned -1.54% and in the past 30 trading days it returned -6.36%. Over three months, it changed -12.32%. In one year it has changed -17.36% and within that year its 52 week high was 21.60 and its 52 week low was 14.44. ACBI stock is 19.29% above its 52 week low.

Our calculations result in a 200 day moving average of 17.62 and a 50 day moving average of 17.82. Right now, ACBI stock is trading -2.21% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

SeekingAlpha:  Atlantic Capital Bancshares, Inc. (ACBI) CEO Doug Williams on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The company has a market cap of $415.3m with 24.1m shares outstanding and a float of 23.3m shares. Trading volume was 72,080 shares and has experienced an average volume of 109,183 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 Atlantic Capital Bancshares was 1.09 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.81. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.30. The trailing twelve month EPS reported is 1.05 (trailing twelve month diluted EPS is 1.11), which comes to a trailing twelve month PE of 16.41.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019 0.21
4thQtr 2018 0.34
3rdQtr 2018 0.25
2ndQtr 2018 0.31
1stQtr 2018 0.19

Base on our calculations, the intrinsic value per share is 19.18, which means it might be undervalued and has a margin of safety of 10.18%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of Atlantic Capital Bancshares.



Indicators Also to Watch:

Based on the latest filings, there is 3.00% of insider ownership.

The beta was calculated to be 0.92.

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 9.20%, return on assets is 1.04%, profit margin is 25.22%, price-to-sales is 3.46 and price-to-book is 1.30.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 1  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : 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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