Seacoast Banking Corp. Of Florida (SBCF) is gearing up for another turning point as it hit the volume of 0.6 million

On Friday, Seacoast Banking Corp. Of Florida (NASDAQ: SBCF) was 3.90% up from the session before settling in for the closing price of $25.63. A 52-week range for SBCF has been $19.04 – $29.98.

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Financial Sector giant saw their annual sales surged by 23.78% over the last five years. When this article was written, the company’s average yearly earnings per share was at -21.02%. With a float of $83.70 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. In terms of profitability, gross margin is 100.0%, operating margin of 26.46%, and the pretax margin is 20.75%.

Seacoast Banking Corp. Of Florida (SBCF) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Seacoast Banking Corp. Of Florida stocks. The insider ownership of Seacoast Banking Corp. Of Florida is 1.87%, while institutional ownership is 83.00%. The most recent insider transaction that took place on Sep 18 ’24, was worth 216,480. In this transaction Director of this company sold 8,000 shares at a rate of $27.06, taking the stock ownership to the 228,557 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Director proposed sale 8,000 for $27.06, making the entire transaction worth $216,457.

Seacoast Banking Corp. Of Florida (SBCF) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -21.02% 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

You can see what Seacoast Banking Corp. Of Florida (SBCF) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 13.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.60 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 0.36 million was lower than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 41.98%. Additionally, its Average True Range was 0.73.

During the past 100 days, Seacoast Banking Corp. Of Florida’s (SBCF) raw stochastic average was set at 62.23%, which indicates a significant increase from 60.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.74% in the past 14 days, which was lower than the 31.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.35, while its 200-day Moving Average is $25.08. Now, the first resistance to watch is $26.95. This is followed by the second major resistance level at $27.27. The third major resistance level sits at $27.85. If the price goes on to break the first support level at $26.05, it is likely to go to the next support level at $25.47. Should the price break the second support level, the third support level stands at $25.15.

Seacoast Banking Corp. Of Florida (NASDAQ: SBCF) Key Stats

There are 84,935K outstanding shares of the company, which has a market capitalization of 2.27 billion. As of now, sales total 768,130 K while income totals 104,030 K. Its latest quarter income was 201,990 K while its last quarter net income were 30,240 K.