At the time of writing, Commerce Bancshares, Inc [CBSH] stock is trading at $64.09, down -0.30%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CBSH shares have lost -1.25% over the last week, with a monthly amount drifted -3.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Commerce Bancshares, Inc [NASDAQ: CBSH] stock has seen the most recent analyst activity on December 19, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Morgan Stanley downgraded its rating to Equal-Weight on September 30, 2024, and dropped its price target to $64. On April 17, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $61 on the stock. BofA Securities started tracking the stock assigning a Neutral rating and suggested a price target of $55 on January 11, 2024. Morgan Stanley upgraded its rating to a Equal-Weight and raised its price target to $49 on September 27, 2023. Morgan Stanley downgraded its rating to Underweight for this stock on May 16, 2023, and downed its price target to $48. In a note dated December 05, 2022, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $74 on this stock.
For the past year, the stock price of Commerce Bancshares, Inc fluctuated between $47.89 and $72.75. Currently, Wall Street analysts expect the stock to reach $68.5 within the next 12 months. Commerce Bancshares, Inc [NASDAQ: CBSH] shares were valued at $64.09 at the most recent close of the market. An investor can expect a potential return of 6.88% based on the average CBSH price forecast.
Analyzing the CBSH fundamentals
According to Commerce Bancshares, Inc [NASDAQ:CBSH], the company’s sales were 1.89B for trailing twelve months, which represents an 3.80% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 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 0.0.
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 63.76 points at the first support level, and at 63.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.71, and for the 2nd resistance point, it is at 65.33.
Ratios To Look Out For
It is important to note that Commerce Bancshares, Inc [NASDAQ:CBSH] has a current ratio of 0.36. Considering the valuation of this stock, the price to sales ratio is 4.53, the price to book ratio is 2.60 and price to earnings (TTM) ratio is 16.54.
Transactions by insiders
Recent insider trading involved KIM CHARLES G, Exec. Vice President and CFO, that happened on Feb 07 ’25 when 13493.0 shares were sold. Officer, KIM CHARLES G completed a deal on Feb 07 ’25 to buy 13493.0 shares. Meanwhile, Senior Vice President Roller David L. sold 3348.0 shares on Feb 05 ’25.
