German American Bancorp Inc [GABC] stock prices are down -0.60% to $41.46 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GABC shares have gain 6.80% over the last week, with a monthly amount glided 2.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
German American Bancorp Inc [NASDAQ: GABC] stock has seen the most recent analyst activity on October 30, 2024, when Hovde Group upgraded its rating to a Outperform and also boosted its price target to $48 from $41. Previously, Stephens started tracking the stock with Overweight rating on October 15, 2024, and set its price target to $45. On May 31, 2024, Hovde Group reiterated its Market Perform rating and revised its price target to $34 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $38 on January 05, 2024. Hovde Group downgraded its rating to Market Perform for this stock on August 05, 2019, but kept the price target unchanged to $34. In a note dated January 02, 2019, Hovde Group upgraded an Outperform rating on this stock but restated the target price of $31.
The stock price of German American Bancorp Inc [GABC] has been fluctuating between $30.66 and $47.08 over the past year. Currently, Wall Street analysts expect the stock to reach $45.67 within the next 12 months. German American Bancorp Inc [NASDAQ: GABC] shares were valued at $41.46 at the most recent close of the market. An investor can expect a potential return of 10.15% based on the average GABC price forecast.
Analyzing the GABC fundamentals
The German American Bancorp Inc [NASDAQ:GABC] reported sales of 353.54M for trailing twelve months, representing a surge of 9.72%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.01.
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 40.59 points at the first support level, and at 39.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.76, and for the 2nd resistance point, it is at 44.07.
Ratios To Look Out For
It’s worth pointing out that German American Bancorp Inc [NASDAQ:GABC]’s Current Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 3.48, the price to book ratio is 1.72 and price to earnings (TTM) ratio is 14.67.
Transactions by insiders
Recent insider trading involved Bawel Zachary W, Director, that happened on Jan 22 ’25 when 22.0 shares were purchased. Director, SHEIDLER JACK completed a deal on Jan 22 ’25 to buy 23.0 shares. Meanwhile, Director SHEIDLER JACK bought 38.0 shares on Dec 15 ’24.
