All You Need to Know About TriCo Rating Upgrade to Buy

TCBK Stock  USD 47.84  0.57  1.18%   
About 67% of TriCo Bancshares' investor base is looking to short. The analysis of overall sentiment of trading TriCo Bancshares stock suggests that many investors are alarmed at this time. TriCo Bancshares' investing sentiment shows overall attitude of investors towards TriCo Bancshares.
  
TriCo might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 .

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TriCo Bancshares Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards TriCo Bancshares can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

TriCo Bancshares Fundamental Analysis

We analyze TriCo Bancshares' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TriCo Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TriCo Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

TriCo Bancshares is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

TriCo Bancshares Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TriCo Bancshares stock to make a market-neutral strategy. Peer analysis of TriCo Bancshares could also be used in its relative valuation, which is a method of valuing TriCo Bancshares by comparing valuation metrics with similar companies.

Peers

TriCo Bancshares Related Equities

MGYRMagyar Bancorp   7.12   
0%
100.0%
FNWBFirst Northwest   0.54   
0%
7.0%
PBHCPathfinder Bancorp   0.52   
0%
7.0%
VABKVirginia National   0.22   
0%
3.0%
HFBLHome Federal   0.16   
0%
2.0%
FCCOFirst Community   0.08   
0%
1.0%
THFFFirst Financial   0.91   
12.0%
0%
CWBCCommunity West   0.91   
12.0%
0%
GSBCGreat Southern   1.12   
15.0%
0%
FFNWFirst Financial   1.20   
16.0%
0%
CTBICommunity Trust   1.35   
18.0%
0%
OVLYOak Valley   1.46   
20.0%
0%
BMRCBank of Marin   1.56   
21.0%
0%
FCAPFirst Capital   3.38   
47.0%
0%
When determining whether TriCo Bancshares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TriCo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trico Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Trico Bancshares Stock:
Check out TriCo Bancshares Hype Analysis, TriCo Bancshares Correlation and TriCo Bancshares Performance.
For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks space 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 TriCo Bancshares. If investors know TriCo 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 TriCo Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.29
Earnings Share
3.36
Revenue Per Share
11.678
Quarterly Revenue Growth
(0.01)
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' 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.