Seacoast Banking Corp. Of Florida (NASDAQ: SBCF) on Tuesday, plunged -1.14% from the previous trading day, before settling in for the closing price of $24.58. Within the past 52 weeks, SBCF’s price has moved between $17.93 and $29.98.
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Financial Sector giant saw their annual sales surged by 23.78% over the last five years. The company achieved an average annual earnings per share of -18.27%. With a float of $83.81 million, this company’s outstanding shares have now reached $84.86 million.
The firm has a total of 1541 workers. Let’s measure their productivity.
Seacoast Banking Corp. Of Florida (SBCF) Insider Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Seacoast Banking Corp. Of Florida is 1.27%, while institutional ownership is 82.05%. The most recent insider transaction that took place on Oct 31 ’23, was worth 24,987. In this transaction Director of this company bought 1,250 shares at a rate of $19.99, taking the stock ownership to the 15,165 shares. Before that another transaction happened on Aug 04 ’23, when Company’s EVP, Chief Credit Officer sold 2,990 for $23.78, making the entire transaction worth $71,105. This insider now owns 0 shares in total.
Seacoast Banking Corp. Of Florida (SBCF) Earnings and Forecasts
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.43 earnings per share (EPS) for the period topping the consensus outlook (set at $0.4) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to -2.22% drop over the previous five years of trading.
Seacoast Banking Corp. Of Florida (NASDAQ: SBCF) Trading Performance Indicators
Seacoast Banking Corp. Of Florida (SBCF) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.69. Likewise, its price to free cash flow for the trailing twelve months is 15.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.71 in one year’s time.
Technical Analysis of Seacoast Banking Corp. Of Florida (SBCF)
Analysing the last 5-days average volume posted by the [Seacoast Banking Corp. Of Florida, SBCF], we can find that recorded value of 0.45 million was better than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 62.30%. Additionally, its Average True Range was 0.72.
During the past 100 days, Seacoast Banking Corp. Of Florida’s (SBCF) raw stochastic average was set at 43.48%, which indicates a significant increase from 40.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.48% in the past 14 days, which was lower than the 37.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.82, while its 200-day Moving Average is $23.90. Now, the first resistance to watch is $24.71. This is followed by the second major resistance level at $25.12. The third major resistance level sits at $25.32. If the price goes on to break the first support level at $24.09, it is likely to go to the next support level at $23.89. Should the price break the second support level, the third support level stands at $23.48.
Seacoast Banking Corp. Of Florida (NASDAQ: SBCF) Key Stats
Market capitalization of the company is 2.06 billion based on 84,889K outstanding shares. Right now, sales total 768,130 K and income totals 104,030 K. The company made 194,190 K in profit during its latest quarter, and 29,540 K in sales during its previous quarter.
