Ameris Bancorp (NYSE: ABCB) established initial surge of 4.09% at $65.14, before settling in for the price of $62.58 at the close. Taking a more long-term approach, ABCB posted a 52-week range of $34.26-$64.92.
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The Financial sector firm’s twelve-monthly sales growth has been 25.56% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 6.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 19.79%. This publicly-traded company’s shares outstanding now amounts to $69.05 million, simultaneously with a float of $65.18 million. The organization now has a market capitalization sitting at $4.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.13, while the 200-day Moving Average is $51.18.
Ameris Bancorp (ABCB) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Ameris Bancorp industry. Ameris Bancorp’s current insider ownership accounts for 5.63%, in contrast to 90.89% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s Chief Credit Officer sold 7,500 shares at the rate of 47.35, making the entire transaction reach 355,101 in total value, affecting insider ownership by 59,691.
Ameris Bancorp (ABCB) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.
Ameris Bancorp’s EPS increase for this current 12-month fiscal period is 19.79% and is forecasted to reach 5.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the 6.83% growth it accomplished over the previous five years trading on the market.
Ameris Bancorp (NYSE: ABCB) Trading Performance Indicators
Let’s observe the current performance indicators for Ameris Bancorp (ABCB). The Stock has managed to achieve an average true range (ATR) of 1.90. Alongside those numbers, its PE Ratio stands at $14.45, and its Beta score is 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.94. Similarly, its price to free cash flow for trailing twelve months is now 18.00.
In the same vein, ABCB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.51, a figure that is expected to reach 1.25 in the next quarter, and analysts are predicting that it will be 5.01 at the market close of one year from today.
Technical Analysis of Ameris Bancorp (ABCB)
Now, what If we examine the latest scores posted by [Ameris Bancorp, ABCB]. During the last 5-days, its volume was better the volume of 0.36 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 81.01% While, its Average True Range was 1.99.
Raw Stochastic average of Ameris Bancorp (ABCB) in the period of the previous 100 days is set at 98.67%, which indicates a major rise in contrast to 96.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.48% that was lower than 29.71% volatility it exhibited in the past 100-days period.
