Is Lakeland Bancorp, Inc. (LBAI) Dependable Investment For Investors?

On Friday, shares of Lakeland Bancorp, Inc. (NASDAQ:LBAI) marked $10.57 per share versus a previous $10.83 closing price. With having a -2.40% loss, an insight into the fundamental values of Lakeland Bancorp, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. LBAI showed a fall of -39.18% within its YTD performance, with highs and lows between $8.31 – $17.63 during the period of 52 weeks, compared to the simple moving average of -23.59% in the period of the last 200 days.

Raymond James equity researchers changed the status of Lakeland Bancorp, Inc. (NASDAQ: LBAI) shares from “Mkt Perform” to a “Outperform” rating in the report published on June 17th, 2020. Other analysts, including Piper Sandler, also published their reports on LBAI shares. Piper Sandler repeated the rating from the previous report, marking LBAI under “Overweight” rating, in the report published on May 1st, 2020. Additionally, LBAI shares got another “Buy” rating from DA Davidson. On April 30th, 2019, Boenning & Scattergood Upgrade an Outperform rating and increased its price target to $19. On the other hand, FIG Partners Upgrade the “Outperform” rating for LBAI shares, as published in the report on October 26th, 2018. Boenning & Scattergood seems to be going bullish on the price of LBAI shares, based on the price prediction for LBAI. Another “Hold” rating came from Sandler O’Neill.

Lakeland Bancorp, Inc. (LBAI) Analysis

The present dividend yield for LBAI owners is set at 0.05, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Lakeland Bancorp, Inc., the company needs to provide a healthy cash flow, currently at the value of 8.44. In addition, the growth of sales from quarter to quarter is recording 0.60%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Lakeland Bancorp, Inc. (LBAI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 9.30% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while LBAI is currently recording an average of 207.97K in volumes. The volatility of the stock on monthly basis is set at 4.26%, while the weekly volatility levels are marked at 3.63%with 2.17% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $13.64, indicating growth from the present price of $10.57, which can represent yet another valuable research and analysis points that can help you decide whether to invest in LBAI or pass.

What to Look for When Analyzing Lakeland Bancorp, Inc. Shares?

Lakeland Bancorp, Inc. (LBAI) is based in the USA and it represents one of the well-known company operating with Financial sector. If you wish to compare LBAI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 8.01 for Lakeland Bancorp, Inc., while the value 9.24 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.32 is supported by the yearly EPS growth of 5.20%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 3.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 58.80% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in LBAI Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in LBAI in the recent period. That is how BlackRock Fund Advisors now has an increase position in LBAI by 3.48% in the first quarter, owning 3.55 million shares of LBAI stocks, with the value of $40.54 million after the purchase of an additional 119,380 shares during the last quarter. In the meanwhile, Dimensional Fund Advisors LP also increased their stake in LBAI shares changed 0.59% in the first quarter, which means that the company now owns 3.08 million shares of company, all valued at $35.25 million after the acquisition of additional 17,944 shares during the last quarter.

Systematic Financial Management L acquired a new position in Lakeland Bancorp, Inc. during the first quarter, with the value of $14.83 million, and Northern Trust Investments, Inc. increased their stake in the company’s shares by 0.01% in the first quarter, now owning 74 shares valued at $14.76 million after the acquisition of the additional 1.29 million shares during the last quarter. In the end, Renaissance Technologies LLC increased their position by 17.66% during the first quarter, now owning 1.15 million LBAI shares, now holding the value of $13.12 million in LBAI with the purchase of the additional 44,800 shares during the period of the last quarter. At the present, 58.80% of LBAI shares are in the ownership of institutional investors.