Simmons First National Corporation (NASDAQ: SFNC) kicked off on January 24, 2023, at the price of $23.25, down -9.09% from the previous trading day. During the day, the shares moved up to $23.25 and dropped to $20.83 before settling in for the closing price of $23.00. Over the past 52 weeks, SFNC has traded in a range of $19.34-$29.94.
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Annual sales at Financial sector company grew by 17.40% over the past five years. While this was happening, its average annual earnings per share was recorded 6.40%. With a float of $125.11 million, this company’s outstanding shares have now reached $127.88 million.
Let’s look at the performance matrix of the company that is accounted for 2877 employees.
Simmons First National Corporation (SFNC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Simmons First National Corporation is 0.70%, while institutional ownership is 68.80%. The most recent insider transaction that took place on Nov 22, was worth 20,094. In this transaction EVP & Chief Credit Officer of this company sold 850 shares at a rate of $23.64, taking the stock ownership to the 3,763 shares. Before that another transaction happened on Nov 21, when Company’s Director sold 15,000 for $23.52, making the entire transaction worth $352,800. This insider now owns 166,860 shares in total.
Simmons First National Corporation (SFNC) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/29/2022, the organization reported $0.64 earnings per share (EPS), higher than consensus estimate (set at $0.6) by $0.04. This company achieved a net margin of +31.62 while generating a return on equity of 8.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 9.50% growth over the previous five years of trading.
Simmons First National Corporation (NASDAQ: SFNC) Trading Performance Indicators
Take a look at Simmons First National Corporation’s (SFNC) current performance indicators. Last quarter, stock had a price to sales ratio for the trailing twelve months stands at 3.36. Likewise, its price to free cash flow for the trailing twelve months is 16.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.84, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.31 in one year’s time.
Technical Analysis of Simmons First National Corporation (SFNC)
Simmons First National Corporation (NASDAQ: SFNC) saw its 5-day average volume 0.67 million, a positive change from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 49.97%. Additionally, its Average True Range was 0.69.
During the past 100 days, Simmons First National Corporation’s (SFNC) raw stochastic average was set at 28.49%, which indicates a significant increase from 3.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.73% in the past 14 days, which was higher than the 33.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.18, while its 200-day Moving Average is $23.22. Nevertheless, the first resistance level for the watch stands at $22.50 in the near term. At $24.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.92. If the price goes on to break the first support level at $20.08, it is likely to go to the next support level at $19.24. The third support level lies at $17.66 if the price breaches the second support level.
Simmons First National Corporation (NASDAQ: SFNC) Key Stats
The company with the Market Capitalisation of 2.58 billion has total of 126,970K Shares Outstanding. Its annual sales at the moment are 862,880 K in contrast with the sum of 271,160 K annual income. Company’s last quarter sales were recorded 273,640 K and last quarter income was 80,600 K.