First Busey Corp (BUSE)’s latest quarter sales figures and margins explained

First Busey Corp [BUSE] stock prices are up 11.62% to $27.29 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BUSE shares have gain 9.33% over the last week, with a monthly amount glided 10.49%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

First Busey Corp [NASDAQ: BUSE] stock has seen the most recent analyst activity on October 14, 2024, when Stephens downgraded its rating to a Equal-Weight. Previously, Raymond James upgraded its rating to Outperform on January 31, 2022, and kept the price target unchanged to $31. On April 09, 2020, upgrade upgraded it’s rating to Overweight. DA Davidson downgraded its rating to a Neutral and decreased its price target to $29 on February 03, 2020. B. Riley FBR upgraded its rating to a Buy and raised its price target to $29 on January 09, 2020. B. Riley FBR downgraded its rating to Neutral for this stock on August 21, 2019, and downed its price target to $28. In a note dated July 09, 2019, Stephens downgraded an Equal-Weight rating on this stock and revised its target price from $30 to $29.

The stock price of First Busey Corp [BUSE] has been fluctuating between $19.61 and $28.97 over the past year. Currently, Wall Street analysts expect the stock to reach $28.25 within the next 12 months. First Busey Corp [NASDAQ: BUSE] shares were valued at $27.29 at the most recent close of the market. An investor can expect a potential return of 3.52% based on the average BUSE price forecast.

Analyzing the BUSE fundamentals

The First Busey Corp [NASDAQ:BUSE] reported sales of 655.12M for trailing twelve months, representing a surge of 10.22%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.

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 26.74 points at the first support level, and at 26.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.63, and for the 2nd resistance point, it is at 27.97.

Ratios To Look Out For

It’s worth pointing out that First Busey Corp [NASDAQ:BUSE]’s Current Ratio is 0.10. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 1.11 and price to earnings (TTM) ratio is 14.02.

Transactions by insiders

Recent insider trading involved Phillips Scott A., Principal Accounting Officer, that happened on Oct 28 ’24 when 35.0 shares were purchased. Principal Accounting Officer, Phillips Scott A. completed a deal on Oct 28 ’24 to buy 7.0 shares. Meanwhile, Principal Accounting Officer Phillips Scott A. bought 321.0 shares on Sep 30 ’24.

Related Posts