Cathay General Bancorp Stock In The News
| CATY Stock | USD 38.09 0.05 0.13% |
The overall news coverage of Cathay General Bancorp from major news outlets shows bullish sentiment on 7 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Cathay General's news coverage and content from conventional and social sources shows investors' bearish mood towards Cathay General Bancorp. The specific impact of Cathay General news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Cathay General's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Cathay General headlines in addition to utilizing other, more conventional financial analysis modules. Check out Cathay General Backtesting and Cathay General Hype Analysis.
Cathay |
Cathay General Today Top News and Investor Outlook
Cathay General Bancorp Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Cathay and other traded companies coverage. We help investors stay connected with Cathay headlines for the 16th of May 2024 to make an informed investment decision based on correlating the impacts of news items on Cathay Stock performance. Please note that trading solely based on the Cathay General Bancorp hype is not for everyone as timely availability and quick action are needed to avoid losses.Cathay General stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Cathay earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Cathay General that are available to investors today. That information is available publicly through Cathay media outlets and privately through word of mouth or via Cathay internal channels. However, regardless of the origin, that massive amount of Cathay data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cathay General news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cathay General relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cathay General's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cathay General alpha.
Cathay Largest EPS Surprises
Earnings surprises can significantly impact Cathay General'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 | |||
|---|---|---|---|---|---|---|---|
1999-10-14 | 1999-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
1999-01-19 | 1998-12-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2002-01-16 | 2001-12-31 | 0.28 | 0.32 | 0.04 | 14 | ||
2001-10-15 | 2001-09-30 | 0.28 | 0.32 | 0.04 | 14 | ||
2011-04-20 | 2011-03-31 | 0.18 | 0.23 | 0.05 | 27 | ||
2011-01-24 | 2010-12-31 | 0.13 | 0.18 | 0.05 | 38 |
Cathay General Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Cathay General Bancorp Stock. The global stock market is bullish. About 60% of major world exchanges and indexes are currently up. See today's market update for more information.
14th of May 2024
The chef behind Saveur and The Masses pays tribute to his hawker mum with his new restaura... at channelnewsasia.com
7th of May 2024
Shareholders May Find It Hard To Justify Increasing Cathay General Bancorps CEO Compensati... at finance.yahoo.com
3rd of May 2024
A Chinese flavor of rap music is flourishing as emerging musicians find their voices at thestar.com
2nd of May 2024
Cathay Pacific passengers left vomiting, screaming in fear on storm-wracked flight to Hong... at channelnewsasia.com
26th of April 2024
Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expec... at simplywall.st
24th of April 2024
Cathay General Bancorp Just Missed Revenue By 6.6 percent Heres What Analysts Think Will H... at finance.yahoo.com
23rd of April 2024
HFMDX A Growth-Focused Fund That Remains Attractive In A Tougher Market at talkmarkets.com
17th of April 2024
Curious about Cathay Q1 Performance Explore Wall Street Estimates for Key Metrics at finance.yahoo.com
20th of March 2024
Cathay General Bancorp Rating Increased to Hold at StockNews.com - MarketBeat at news.google.com
23rd of February 2024
Air China to consult advisers for raising Cathay Pacific stake, Bloomberg reports at channelnewsasia.com
Cathay General Investors Sentiment
The influence of Cathay General's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cathay. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cathay General's public news can be used to forecast risks associated with an investment in Cathay. The trend in average sentiment can be used to explain how an investor holding Cathay can time the market purely based on public headlines and social activities around Cathay General Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cathay General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cathay General's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cathay General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cathay General.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cathay General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cathay General's short interest history, or implied volatility extrapolated from Cathay General options trading.
Check out Cathay General Backtesting and Cathay General Hype Analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Cathay Stock analysis
When running Cathay General's price analysis, check to measure Cathay General'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 Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Cathay General'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 Cathay General. If investors know Cathay 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 Cathay General 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 (0.26) | Dividend Share 1.02 | Earnings Share 4.52 | Revenue Per Share 10.45 | Quarterly Revenue Growth (0.13) |
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General'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 Cathay General's market value can be influenced by many factors that don't directly affect Cathay General'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 Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General'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.