Origin Bancorp Inc [OBK] stock prices are up 1.15% to $35.13 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The OBK shares have gain 9.00% over the last week, with a monthly amount drifted -4.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Origin Bancorp Inc [NYSE: OBK] stock has seen the most recent analyst activity on October 27, 2023, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $33 for it. Previously, Raymond James downgraded its rating to Mkt Perform on July 28, 2023.
The stock price of Origin Bancorp Inc [OBK] has been fluctuating between $27.69 and $37.56 over the past year. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Origin Bancorp Inc [NYSE: OBK] shares were valued at $35.13 at the most recent close of the market. An investor can expect a potential drop of -6.06% based on the average OBK price forecast.
Analyzing the OBK fundamentals
The Origin Bancorp Inc [NYSE:OBK] reported sales of 618.51M for trailing twelve months, representing a surge of 3.87%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
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 34.64 points at the first support level, and at 34.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.44, and for the 2nd resistance point, it is at 35.74.
Ratios To Look Out For
It’s worth pointing out that Origin Bancorp Inc [NYSE:OBK]’s Current Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 14.45.
