Business First Bancshares Inc [BFST] stock prices are up 1.79% to $25.58 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 BFST shares have gain 9.60% over the last week, with a monthly amount drifted -7.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Business First Bancshares Inc [NASDAQ: BFST] stock has seen the most recent analyst activity on December 19, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $30 for it. Previously, Hovde Group downgraded its rating to Market Perform on November 13, 2024, and elevated its price target to $31.50. On July 26, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $30 on the stock. Raymond James downgraded its rating to a Mkt Perform. Raymond James upgraded its rating to a Outperform but $20 remained the price target by the analyst firm on July 28, 2023. Raymond James downgraded its rating to Mkt Perform for this stock on January 05, 2023. In a note dated December 13, 2022, Piper Sandler initiated an Overweight rating and provided a target price of $27 on this stock.
The stock price of Business First Bancshares Inc [BFST] has been fluctuating between $18.97 and $30.30 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Business First Bancshares Inc [NASDAQ: BFST] shares were valued at $25.58 at the most recent close of the market. An investor can expect a potential return of 9.46% based on the average BFST price forecast.
Analyzing the BFST fundamentals
The Business First Bancshares Inc [NASDAQ:BFST] reported sales of 432.03M for trailing twelve months, representing a surge of 10.20%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 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 0.67.
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 25.25 points at the first support level, and at 24.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.76, and for the 2nd resistance point, it is at 25.94.
Ratios To Look Out For
It’s worth pointing out that Business First Bancshares Inc [NASDAQ:BFST]’s Current Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 1.75, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 11.00.
Transactions by insiders
Recent insider trading involved Buquet James J. III, Director, that happened on Nov 13 ’24 when 12000.0 shares were sold. Director, Buquet James J. III completed a deal on Nov 13 ’24 to sell 2000.0 shares. Meanwhile, Director Buquet James J. III bought 14000.0 shares on Nov 12 ’24.
