A share price of Sandy Spring Bancorp [SASR] is currently trading at $33.69, up 3.92%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SASR shares have gain 6.01% over the last week, with a monthly amount glided 8.15%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sandy Spring Bancorp [NASDAQ: SASR] stock has seen the most recent analyst activity on March 01, 2024, when Janney initiated its Neutral rating and assigned the stock a price target of $25. Previously, DA Davidson downgraded its rating to Neutral on October 02, 2023, and dropped its price target to $22. On April 04, 2023, Stephens initiated with a Equal-Weight rating and assigned a price target of $28 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $50 on April 22, 2022. DA Davidson started tracking with a Buy rating for this stock on March 22, 2022, and assigned it a price target of $61. In a note dated January 25, 2021, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $34 to $41.
Sandy Spring Bancorp experienced fluctuations in its stock price throughout the past year between $19.27 and $34.19. Sandy Spring Bancorp [NASDAQ: SASR] shares were valued at $33.69 at the most recent close of the market.
Analyzing the SASR fundamentals
Trailing Twelve Months sales for Sandy Spring Bancorp [NASDAQ:SASR] were 741.07M which represents 5.57% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.89 points at the first support level, and at 32.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.15, and for the 2nd resistance point, it is at 34.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sandy Spring Bancorp [NASDAQ:SASR] is 0.27. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 0.93 and price to earnings (TTM) ratio is 17.77.
