On Tuesday, Commerce Bancshares, Inc. (NASDAQ: CBSH) opened higher 1.52% from the last session, before settling in for the closing price of $51.23. Price fluctuations for CBSH have ranged from $40.91 to $56.75 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 7.73% over the last five years. Company’s average yearly earnings per share was noted -7.92% at the time writing. With a float of $125.55 million, this company’s outstanding shares have now reached $130.45 million.
The firm has a total of 4718 workers. Let’s measure their productivity.
Commerce Bancshares, Inc. (CBSH) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Commerce Bancshares, Inc. is 3.33%, while institutional ownership is 70.73%. The most recent insider transaction that took place on Mar 11 ’24, was worth 263,275. In this transaction Executive Vice President of this company sold 5,000 shares at a rate of $52.66, taking the stock ownership to the 50,293 shares. Before that another transaction happened on Mar 05 ’24, when Company’s Director sold 18,900 for $53.61, making the entire transaction worth $1,013,229. This insider now owns 996,884 shares in total.
Commerce Bancshares, Inc. (CBSH) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -7.92% per share during the next fiscal year.
Commerce Bancshares, Inc. (NASDAQ: CBSH) Trading Performance Indicators
Check out the current performance indicators for Commerce Bancshares, Inc. (CBSH). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.48. Likewise, its price to free cash flow for the trailing twelve months is 18.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.63, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.44 in one year’s time.
Technical Analysis of Commerce Bancshares, Inc. (CBSH)
Analysing the last 5-days average volume posted by the [Commerce Bancshares, Inc., CBSH], we can find that recorded value of 0.55 million was better than the volume posted last year of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 16.31%. Additionally, its Average True Range was 1.24.
During the past 100 days, Commerce Bancshares, Inc.’s (CBSH) raw stochastic average was set at 52.72%, which indicates a significant increase from 29.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.63% in the past 14 days, which was higher than the 23.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.84, while its 200-day Moving Average is $49.33. Now, the first resistance to watch is $53.08. This is followed by the second major resistance level at $54.15. The third major resistance level sits at $55.19. If the price goes on to break the first support level at $50.97, it is likely to go to the next support level at $49.93. Now, if the price goes above the second support level, the third support stands at $48.86.
Commerce Bancshares, Inc. (NASDAQ: CBSH) Key Stats
There are currently 129,877K shares outstanding in the company with a market cap of 6.76 billion. Presently, the company’s annual sales total 1,969 M according to its annual income of 477,060 K. Last quarter, the company’s sales amounted to 515,090 K and its income totaled 109,220 K.
