Foreign Trade Bank Stock Today

BLX Stock  USD 29.56  0.38  1.30%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 57

 
High
 
Low
Above Average
Foreign Trade is trading at 29.56 as of the 19th of April 2024; that is 1.30 percent increase since the beginning of the trading day. The stock's open price was 29.18. Foreign Trade has over 57 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Equity ratings for Foreign Trade Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
24th of September 1992
Classification
Financials
A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama. Banco Latinoamericano is traded on New York Stock Exchange in the United States. The company has 28.11 M outstanding shares of which 284.48 K shares are currently shorted by investors with about 2.22 days to cover. More on Foreign Trade Bank

Moving together with Foreign Stock

  0.65DIST Distoken AcquisitionPairCorr
  0.67AB AllianceBernstein Earnings Call This WeekPairCorr

Moving against Foreign Stock

  0.8PX P10 Inc Financial Report 20th of May 2024 PairCorr
  0.54DHIL Diamond Hill InvestmentPairCorr
  0.52AC Associated CapitalPairCorr

Foreign Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Foreign Trade's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Foreign Trade or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorRubens Amaral
Old NameBlack Box Corporation
Business ConcentrationSpecialized Finance, Financial Services, NYSE Composite, SP TSX Composite, Financials, Financial Services, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Foreign Trade report their recommendations after researching Foreign Trade's financial statements, talking to executives and customers, or listening in on Foreign Trade's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Foreign Trade Bank. The Foreign consensus assessment is calculated by taking the average forecast from all of the analysts covering Foreign Trade.
Financial Strength
Based on the measurements of operating efficiency obtained from Foreign Trade's historical financial statements, Foreign Trade Bank is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Foreign Trade Bank is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.06960.0663
Sufficiently Up
Slightly volatile
Gross Profit Margin1.091.11
Fairly Down
Slightly volatile
Net Debt7.1 B6.7 B
Sufficiently Up
Slightly volatile
Total Current Liabilities3.1 B2.9 B
Sufficiently Up
Very volatile
Non Current Liabilities Total6.9 B6.6 B
Sufficiently Up
Slightly volatile
Total Assets6.3 B10.7 B
Way Down
Slightly volatile
Total Current Assets1.7 B2.4 B
Way Down
Very volatile
Foreign Trade's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Foreign Trade's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Foreign Trade's financial leverage. It provides some insight into what part of Foreign Trade's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Foreign Trade's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Foreign Trade deploys its capital and how much of that capital is borrowed.
Liquidity
Foreign Trade cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.68 B in debt with debt to equity (D/E) ratio of 7.53, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Foreign Trade until it has trouble settling it off, either with new capital or with free cash flow. So, Foreign Trade's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Foreign Trade Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foreign to invest in growth at high rates of return. When we think about Foreign Trade's use of debt, we should always consider it together with cash and equity.

Net Income

174.47 Million
Foreign Trade Bank (BLX) is traded on New York Stock Exchange in USA. It is located in Torre V, Business Park, Panama City, Panama and employs 38 people. Foreign Trade is listed under Specialized Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Foreign Trade's market, we take the total number of its shares issued and multiply it by Foreign Trade'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 those looking for more risk prefer small-cap and mid-cap equities. Foreign Trade Bank runs under Financial Services sector within Financials industry. The entity has 28.11 M outstanding shares of which 284.48 K shares are currently shorted by investors with about 2.22 days to cover. Foreign Trade Bank has about 819.81 M in cash with 250.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.57.
Check Foreign Trade Probability Of Bankruptcy
Ownership Allocation
Foreign Trade holds a total of 28.11 Million outstanding shares. 30% of Foreign Trade Bank outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Foreign Ownership Details

Foreign Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Foreign Trade jumping above the current price in 90 days from now is about 14.36%. The Foreign Trade Bank probability density function shows the probability of Foreign Trade stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Foreign Trade has a beta of 0.902 suggesting Foreign Trade Bank market returns are sensitive to returns on the market. As the market goes up or down, Foreign Trade is expected to follow. Additionally, foreign Trade Bank has an alpha of 0.2447, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 29.56HorizonTargetOdds Above 29.56
85.55%90 days
 29.56 
14.36%
Based on a normal probability distribution, the odds of Foreign Trade to move above the current price in 90 days from now is about 14.36 (This Foreign Trade Bank probability density function shows the probability of Foreign Stock to fall within a particular range of prices over 90 days) .

Foreign Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Foreign Trade that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Foreign Trade's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Foreign Trade's value.
InstituionRecorded OnShares
Meeder Asset Management Inc2023-12-31
545
Gamma Investing Llc2023-12-31
529
Acadian Asset Management Llc2023-09-30
0.0
Nisa Investment Advisors, L.l.c.2023-12-31
0.0
Lsv Asset Management2023-12-31
953.5 K
Beddow Capital Management Inc2023-12-31
395.3 K
Lee Danner & Bass Inc2023-12-31
349.9 K
Motley Fool Wealth Management Llc2023-12-31
310.1 K
Uniplan Investment Counsel, Inc.2023-12-31
295.6 K
Martingale Asset Management L P2023-12-31
71.6 K
Los Angeles Capital Management Llc2023-12-31
55.8 K
View Foreign Trade Diagnostics

Foreign Trade Historical Income Statement

Foreign Trade Bank Income Statement is one of the three primary financial statements used for reporting Foreign's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Foreign Trade Bank revenue and expense. Foreign Trade Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Foreign Trade's Interest Income is fairly stable compared to the past year. Reconciled Depreciation is likely to rise to about 3.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 2.5 M in 2024. View More Fundamentals

Foreign Stock Against Markets

Picking the right benchmark for Foreign Trade stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Foreign Trade stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Foreign Trade is critical whether you are bullish or bearish towards Foreign Trade Bank at a given time. Please also check how Foreign Trade's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Foreign Trade without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Volatility

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Foreign Trade Corporate Directors

Foreign Trade corporate directors refer to members of a Foreign Trade board of directors. The board of directors generally takes responsibility for the Foreign Trade's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Foreign Trade's board members must vote for the resolution. The Foreign Trade board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Joao PecegoIndependent DirectorProfile
Mario CovoDirectorProfile
Esteban AcerboDirectorProfile
Maria FrancaTreasurer, DirectorProfile

How to buy Foreign Stock?

Before investing in Foreign Trade, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Foreign Trade. To buy Foreign Trade stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Foreign Trade. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Foreign Trade stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Foreign Trade Bank stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Foreign Trade Bank stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Foreign Trade Bank, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Foreign Stock please use our How to Invest in Foreign Trade guide.

Already Invested in Foreign Trade Bank?

The danger of trading Foreign Trade Bank is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Foreign Trade is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Foreign Trade. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Foreign Trade Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Foreign Trade Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Foreign Trade's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Foreign Trade Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foreign Trade Bank Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Foreign Trade's price analysis, check to measure Foreign Trade'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 Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.
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Is Foreign Trade'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 Foreign Trade. If investors know Foreign 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 Foreign Trade 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
0.486
Dividend Share
1.25
Earnings Share
4.55
Revenue Per Share
6.542
Quarterly Revenue Growth
0.43
The market value of Foreign Trade Bank is measured differently than its book value, which is the value of Foreign that is recorded on the company's balance sheet. Investors also form their own opinion of Foreign Trade's value that differs from its market value or its book value, called intrinsic value, which is Foreign Trade'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 Foreign Trade's market value can be influenced by many factors that don't directly affect Foreign Trade'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 Foreign Trade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foreign Trade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foreign Trade'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.