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Stoxline Mobile
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Cathay General Bancorp (CATY)

42.23   0.24 (0.57%) 01-27 16:00
Open: 42.06 Pre. Close: 41.99
High: 42.36 Low: 41.74
Volume: 183,759 Market Cap: 3,142(M)

Technical analysis

as of: 2023-01-27 4:43:12 PM
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Target: Six months: 50.7     One year: 59.22
Support: Support1: 41.12    Support2: 39.7
Resistance: Resistance1: 43.4    Resistance2: 50.7
Pivot: 42.31
Moving Average: MA(5): 42.47     MA(20): 41.86
MA(100): 42.64     MA(250): 42.61
MACD: MACD(12,26): 0     Signal(9): -0.1
Stochastic oscillator: %K(14,3): 67.6     %D(3): 74.9
RSI: RSI(14): 50.3
52-week: High: 48.88  Low: 37.36
Average Vol(K): 3-Month: 283 (K)  10-Days: 237 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.
[ CATY ] has closed above bottom band by 45.8%. Bollinger Bands are 51.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 42.4 - 42.6 42.6 - 42.78
Low: 41.24 - 41.48 41.48 - 41.69
Close: 41.87 - 42.24 42.24 - 42.56

Company Description

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.

Headline News

Sat, 28 Jan 2023
Brokers Set Expectations for Cathay General Bancorp's Q1 2023 ... - MarketBeat

Fri, 27 Jan 2023
Leadership Changes Underway At Massaro… - Valley Independent Sentinel

Thu, 26 Jan 2023
Brazilians Matos/Stefani Claim Australian Open Mixed Doubles Title - ATP Tour

Thu, 26 Jan 2023
Cathay General Bancorp (NASDAQ:CATY) Q4 2022 Earnings Call Transcript - Yahoo Finance

Wed, 25 Jan 2023
Cathay General (CATY) Misses Q4 Earnings and Revenue Estimates - Nasdaq

Wed, 25 Jan 2023
Cathay: Q4 Earnings Snapshot - mySA

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Financial Services
Industry:  Banks—Regional
Shares Out. 74 (M)
Shares Float 71 (M)
% Held by Insiders 5.4 (%)
% Held by Institutions 70.8 (%)
Shares Short 1,210 (K)
Shares Short P.Month 1,310 (K)

Stock Financials

EPS 4.5
EPS Est Next Qtl 0.67
EPS Est This Year 2.47
EPS Est Next Year 2.71
Book Value (p.s.) 32.95
Profit Margin (%) 46
Operating Margin (%) 66.9
Return on Assets (ttm) 1.6
Return on Equity (ttm) 13.8
Qtrly Rev. Growth 27.1
Gross Profit (p.s.) 8.98
Sales Per Share 9.88
EBITDA (p.s.) 0
Qtrly Earnings Growth 45.2
Operating Cash Flow 467 (M)
Levered Free Cash Flow 0 (M)

Stock Valuations

PE Ratio 9.38
PEG Ratio 1
Price to Book value 1.28
Price to Sales 4.27
Price to Cash Flow 6.73

Stock Dividends

Dividend 0.34
Forward Dividend 0
Dividend Yield 0.8%
Dividend Pay Date 2021-12-08
Ex-Dividend Date 2021-11-25
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