Sandy Spring Bancorp (NASDAQ: SASR) kicked off on Monday, up 3.92% from the previous trading day, before settling in for the closing price of $32.42. Over the past 52 weeks, SASR has traded in a range of $19.27-$34.19.
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Financial Sector giant saw their annual sales surged by 13.26% over the last five years. While this was happening, its average annual earnings per share was recorded -34.07%. With a float of $43.46 million, this company’s outstanding shares have now reached $44.91 million.
The firm has a total of 1084 workers. Let’s measure their productivity. In terms of profitability, gross margin is 100.0%, operating margin of 17.82%, and the pretax margin is 15.87%.
Sandy Spring Bancorp (SASR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Sandy Spring Bancorp is 3.72%, while institutional ownership is 71.14%.
Sandy Spring Bancorp (SASR) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.6 earnings per share (EPS), higher than consensus estimate (set at 0.52) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.30% during the next five years compared to -0.68% drop over the previous five years of trading.
Sandy Spring Bancorp (NASDAQ: SASR) Trading Performance Indicators
Take a look at Sandy Spring Bancorp’s (SASR) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05. Likewise, its price to free cash flow for the trailing twelve months is 17.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.90, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.55 in one year’s time.
Technical Analysis of Sandy Spring Bancorp (SASR)
Analysing the last 5-days average volume posted by the [Sandy Spring Bancorp, SASR], we can find that recorded value of 1.15 million was better than the volume posted last year of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 64.63%. Additionally, its Average True Range was 0.95.
During the past 100 days, Sandy Spring Bancorp’s (SASR) raw stochastic average was set at 96.10%, which indicates a significant increase from 95.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.05% in the past 14 days, which was lower than the 34.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.56, while its 200-day Moving Average is $25.76. Now, the first resistance to watch is $34.15. This is followed by the second major resistance level at $34.62. The third major resistance level sits at $35.41. If the price goes on to break the first support level at $32.89, it is likely to go to the next support level at $32.10. Should the price break the second support level, the third support level stands at $31.63.
Sandy Spring Bancorp (NASDAQ: SASR) Key Stats
The company with the Market Capitalisation of 1.52 billion has total of 45,061K Shares Outstanding. Its annual sales at the moment are 704,600 K in contrast with the sum of 122,840 K annual income. Company’s last quarter sales were recorded 189,810 K and last quarter income was 16,210 K.
