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Luther Burbank Corporation is part of the banking industry and is part of the financial services sector. The company CEO is Simone F. Lagomarsino. Luther Burbank Corp is a bank holding company. The company through its subsidiary provides real estate secured lending in attractive metropolitan areas along the West Coast.



Previous Intraday Performance:

The LBC shares had a previous change of 1.08% which opened at 10.24 and closed at 10.28. It moved to an intraday high of 10.33 and a low of 10.12.

SeekingAlpha:  Luther Burbank beats by $0.01, beats on revenue

Historical Performance:

Over the last five trading days, LBC shares returned 1.68% and in the past 30 trading days it returned -2.30%. Over three months, it changed 0.17%. In one year it has changed -17.07% and within that year its 52 week high was 13.06 and its 52 week low was 7.92. LBC stock is 29.80% above its 52 week low.

Our calculations result in a 200 day moving average of 10.13 and a 50 day moving average of 10.34. Right now, LBC stock is trading 1.47% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Luther Burbank beats by $0.01, beats on revenue

Liquidity:

The company has a market cap of $578.9m with 56.3m shares outstanding and a float of 54.9m shares. Trading volume was 142,866 shares and has experienced an average volume of 82,183 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 Luther Burbank Corporation was 0.79 which ended on 31st of December 2018, which according to the previous close, that is a PE of 13.01. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.20. The trailing twelve month EPS reported is 0.80 (trailing twelve month diluted EPS is 0.81).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 04-29-2019: 0.21
4thQtr 2018Reported 01-28-2019: 0.19
3rdQtr 2018 0.21
2ndQtr 2018 0.20
1stQtr 2018 0.20

Base on our calculations, the intrinsic value per share is 7.19, which means it might be overvalued by -42.95%.

The long-term trend of the EPS is an important number as it indicates the present value of Luther Burbank Corporation; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been -17.50% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 2.50% of insider ownership and 31.80% of institutional ownership.

The beta was calculated to be 1.26.

PR Newswire:  Heritage Increases Catastrophe Reinsurance Program at Reduced Cost

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 0.71%, profit margin is 18.64%, price-to-sales is 2.32 and price-to-book is 0.97.

Company Score Card:

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