Connectone Stock Analysis

CNOB -  USA Stock  

USD 34.93  0.29  0.82%

The modest gains experienced by current holders of Connectone Bancorp could raise concerns from investors as the firm it trading at a share price of 34.93 on 432,900 in volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.64. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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Connectone Stock Analysis 

 
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The Connectone Bancorp stock analysis report makes it easy to digest most publicly released information about Connectone Bancorp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Connectone Stock analysis module also helps to analyze the Connectone Bancorp price relationship with some important fundamental indicators such as market cap and management efficiency.

Connectone Stock Analysis Notes

About 69.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. Connectone Bancorp has Price/Earnings To Growth (PEG) ratio of 1.0. The entity next dividend is scheduled to be issued on the 12th of November 2021. The firm had 105:100 split on the 27th of April 2007. ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for general public, small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey. Connectone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 408 people. For more info on Connectone Bancorp please contact Frank Sorrentino at 201 816-8900 or go to www.centerbancorp.com.

Connectone Bancorp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Connectone Bancorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Connectone Bancorp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
About 69.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.msn.com: Bank of America Corp. stock underperforms Wednesday when compared to competitors - MSN Money

Connectone Bancorp Upcoming and Recent Events

Earnings reports are used by Connectone Bancorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Connectone Bancorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Earnings Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Connectone Largest EPS Surprises

Earnings surprises can significantly impact Connectone Bancorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2007-07-26
2007-06-300.060.070.0116 
2006-07-31
2006-06-300.090.10.0111 
2004-10-28
2004-09-300.180.20.0211 
View All Earnings Estimates

Connectone Bancorp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Connectone Bancorp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Connectone Bancorp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Connectone Bancorp specific information freely available to individual and institutional investors to make a timely investment decision.
13th of January 2022
Financial Statements and Exhibits. Other Events
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19th of November 2021
Regulation FD Disclosure
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10th of November 2021
Financial Statements and Exhibits. Other Events
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4th of November 2021
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
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28th of October 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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14th of October 2021
Financial Statements and Exhibits. Other Events
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8th of September 2021
Financial Statements and Exhibits. Other Events
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3rd of September 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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Connectone Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Connectone Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Connectone Bancorp backward and forwards among themselves. Connectone Bancorp's institutional investor refers to the entity that pools money to purchase Connectone Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Wealth Alliance Advisory Group LlcCommon Shares25.5 K834 K
Capital Investment Advisors LlcCommon Shares20.4 K668 K
Corrado Advisors LlcCommon Shares19 K622 K
Mesirow Financial Investment Management IncCommon Shares18.6 K610 K
Koshinski Asset Management IncCommon Shares2187.1 K
Blackrock IncCommon Shares2.8 M84.5 M
Dimensional Fund Advisors LpCommon Shares2.4 M70.6 M
Note, although Connectone Bancorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Connectone Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Connectone Bancorp's market, we take the total number of its shares issued and multiply it by Connectone Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Connectone Profitablity

Connectone Bancorp's profitability indicators refer to fundamental financial ratios that showcase Connectone Bancorp's ability to generate income relative to its revenue or operating costs. If, let's say, Connectone Bancorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Connectone Bancorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Connectone Bancorp's profitability requires more research than a typical breakdown of Connectone Bancorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 45.46 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 61.34 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.61.
Last ReportedProjected for 2022
Return on Average Assets 0.0115  0.0118 
Return on Average Equity 0.07  0.08 
Return on Invested Capital 0.0108  0.0113 
Return on Sales 0.39  0.41 

Management Efficiency

The entity has return on total asset (ROA) of 1.6 % which means that it generated profit of $1.6 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 12.36 %, meaning that it created $12.36 on every $100 dollars invested by stockholders. Connectone Bancorp management efficiency ratios could be used to measure how well connectone bancorp manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Average Assets is expected to grow to 0.0118. The current year Return on Average Equity is expected to grow to 0.08. Connectone Bancorp Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 0.0252. The current year Return on Average Assets is expected to grow to 0.0118, whereas Total Assets are forecasted to decline to about 6.9 B.
Last ReportedProjected for 2022
Book Value per Share 26.47  23.29 
Enterprise Value over EBIT 16.10  18.49 
Enterprise Value over EBITDA 14.98  17.38 
Price to Book Value 0.77  0.94 
Tangible Assets Book Value per Share 211.93  191.11 
Enterprise Value1.5 B1.3 B
Tangible Asset Value8.4 B6.7 B

Technical Drivers

As of the 23rd of January, Connectone Bancorp shows the Risk Adjusted Performance of 0.0718, downside deviation of 1.45, and Mean Deviation of 1.22. Connectone Bancorp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Connectone Bancorp, which can be compared to its rivals. Please confirm Connectone Bancorp maximum drawdown, and the relationship between the information ratio and downside variance to decide if Connectone Bancorp is priced correctly, providing market reflects its regular price of 34.93 per share. Given that Connectone Bancorp has jensen alpha of 0.1794, we suggest you to validate Connectone Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.

Connectone Bancorp Price Movement Analysis

The output start index for this execution was thirty-nine with a total number of output elements of twenty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

Connectone Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Connectone Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Connectone Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Connectone Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Connectone Bancorp Predictive Daily Indicators

Connectone Bancorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Connectone Bancorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Connectone Bancorp Forecast Models

Connectone Bancorp time-series forecasting models is one of many Connectone Bancorp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Connectone Bancorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Connectone Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Connectone Bancorp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Connectone shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Connectone Bancorp. By using and applying Connectone Stock analysis, traders can create a robust methodology for identifying Connectone entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.41  0.42 
Gross Margin 0.90  0.89 
Profit Margin 0.39  0.39 
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for general public, small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area. It offers personal and business checking, retirement, money market, and time and savings accounts. The company also provides consumer and commercial business loans on a secured and unsecured basis revolving lines of credit commercial mortgage loans residential mortgages on primary and secondary residences home equity loans bridge loans other personal purpose loans and commercial construction and real estate loans. In addition, it offers insurance, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of nine banking offices in Bergen County, five banking offices in Union County, two banking offices in Morris County, one office Essex County, one office in Hudson County, one office in Mercer County, one office in Monmouth County, one office in the borough of Manhattan, one office in Nassau County, and one office in Astoria, as well as six branches in the Hudson Valley. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Connectone Bancorp to your portfolios without increasing risk or reducing expected return.

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Continue to Trending Equities. Note that the Connectone Bancorp information on this page should be used as a complementary analysis to other Connectone Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Connectone Bancorp price analysis, check to measure Connectone Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Connectone Bancorp is operating at the current time. Most of Connectone Bancorp's value examination focuses on studying past and present price action to predict the probability of Connectone Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Connectone Bancorp's price. Additionally, you may evaluate how the addition of Connectone Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Connectone Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Connectone Bancorp. If investors know Connectone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Connectone Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connectone Bancorp is measured differently than its book value, which is the value of Connectone that is recorded on the company's balance sheet. Investors also form their own opinion of Connectone Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Connectone Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Connectone Bancorp's market value can be influenced by many factors that don't directly affect Connectone Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Connectone Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine Connectone Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connectone Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.