Simmons First National Corporation (NASDAQ:SFNC) shares traded lower over the last trading session, losing -2.67% on 07/30/20. The shares fell to a low of $16.60 before closing at $16.92. Intraday shares traded counted 0.51 million, which was 32.53% higher than its 30-day average trading volume of 754.74K. SFNC’s previous close was $17.39 while the outstanding shares total 112.89M. The firm has a beta of 0.96, a 12-month trailing P/E ratio of 6.64, and a growth ratio of 1.33. The stock’s Relative Strength Index (RSI) is 51.83, with weekly volatility at 3.59% and ATR at 0.79. The SFNC stock’s 52-week price range has touched low of $13.75 and a $27.29 high.
Investors have identified the Banks – Regional company Simmons First National Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.86 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Simmons First National Corporation (SFNC) Fundamentals that are to be considered.
SFNC were able to record 93.04 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 740.58 million. In cash movements, the company had a total of 103.61 million as operating cash flow.
Potential earnings growth for Simmons First National Corporation (SFNC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Simmons First National Corporation recorded a total of 209.23 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 14.89% coming in sequential stages and their sales for the third quarter reducing by -2.8%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 41.75 million trying to sell their products during the last quarter, with the result yielding a gross income of 167.48 million. This allows shareholders to hold on to 112.89M with the revenue now reading 0.68 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.28 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.73 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SFNC sounds very interesting.
Is the stock of SFNC attractive?
In related news, Chairman & CEO, MAKRIS GEORGE JR bought 10,000 shares of the company’s stock in a transaction that recorded on Jul 28. The purchase was performed at an average price of 16.72, for a total value of 167,200. As the purchase deal closes, the Chairman & CEO, MAKRIS GEORGE JR now bought 10,000 shares of the company’s stock, valued at 147,700. Also, Chairman & CEO, MAKRIS GEORGE JR bought 1,000 shares of the company’s stock in a deal that was recorded on May 11. The shares were cost at an average price of 16.36 per share, with a total market value of 16,360. Following this completion of disposal, the Chairman & CEO, MAKRIS GEORGE JR now holds 9,000 shares of the company’s stock, valued at 147,330. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.30%.
1 out of 6 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Simmons First National Corporation. 0 analysts has assigned a Sell rating on the SFNC stock. The 12-month mean consensus price target for the company’s shares has been set at $21.08.