A share price of Seacoast Banking Corp. Of Florida [SBCF] is currently trading at $29.62, down -0.64%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SBCF shares have gain 1.33% over the last week, with a monthly amount glided 6.20%, 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:
Seacoast Banking Corp. Of Florida [NASDAQ: SBCF] stock has seen the most recent analyst activity on July 29, 2024, when Hovde Group downgraded its rating to a Market Perform and also boosted its price target to $31 from $29. Previously, Keefe Bruyette upgraded its rating to Outperform on May 31, 2024, and kept the price target unchanged to $27. On April 29, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $29 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $29 on January 05, 2024. Stephens initiated its recommendation with a Equal-Weight and recommended $23 as its price target on September 13, 2023. Hovde Group upgraded its rating to Outperform for this stock on March 17, 2023, but kept the price target unchanged to $33. In a note dated October 06, 2021, B. Riley Securities downgraded an Neutral rating on this stock but restated the target price of $36.
Seacoast Banking Corp. Of Florida experienced fluctuations in its stock price throughout the past year between $21.23 and $30.78. Currently, Wall Street analysts expect the stock to reach $32.5 within the next 12 months. Seacoast Banking Corp. Of Florida [NASDAQ: SBCF] shares were valued at $29.62 at the most recent close of the market. An investor can expect a potential return of 9.72% based on the average SBCF price forecast.
Analyzing the SBCF fundamentals
Trailing Twelve Months sales for Seacoast Banking Corp. Of Florida [NASDAQ:SBCF] were 799.25M which represents 5.04% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
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 29.22 points at the first support level, and at 28.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.15, and for the 2nd resistance point, it is at 30.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Seacoast Banking Corp. Of Florida [NASDAQ:SBCF] is 0.07. Considering the valuation of this stock, the price to sales ratio is 3.17, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 21.65.
Transactions by insiders
Recent insider trading involved Shaffer Charles M, Chairman, President & CEO, that happened on Nov 11 ’24 when 21255.0 shares were sold. Officer, Shaffer Charles M completed a deal on Nov 11 ’24 to buy 21255.0 shares. Meanwhile, Director HUDSON DENNIS S III sold 8000.0 shares on Sep 18 ’24.
