At the time of writing, Cadence Bank [CADE] stock is trading at $31.03, down -0.39%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CADE shares have gain 1.21% over the last week, with a monthly amount drifted -4.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cadence Bank [NYSE: CADE] stock has seen the most recent analyst activity on December 19, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $44 from $41. Previously, Morgan Stanley upgraded its rating to Overweight on September 30, 2024, and elevated its price target to $39. On July 24, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $36.50 on the stock. Piper Sandler downgraded its rating to a Neutral and increased its price target to $34 on July 24, 2024. Hovde Group upgraded its rating to a Outperform and raised its price target to $33 on April 24, 2024. Barclays started tracking with a Equal Weight rating for this stock on March 08, 2024, and assigned it a price target of $28. In a note dated January 30, 2024, Hovde Group downgraded an Market Perform rating on this stock but restated the target price of $32.50.
For the past year, the stock price of Cadence Bank fluctuated between $26.16 and $40.20. Currently, Wall Street analysts expect the stock to reach $41.5 within the next 12 months. Cadence Bank [NYSE: CADE] shares were valued at $31.03 at the most recent close of the market. An investor can expect a potential return of 33.74% based on the average CADE price forecast.
Analyzing the CADE fundamentals
According to Cadence Bank [NYSE:CADE], the company’s sales were 2.95B for trailing twelve months, which represents an 126.57% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.02. 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 30.71 points at the first support level, and at 30.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.54, and for the 2nd resistance point, it is at 32.04.
Ratios To Look Out For
It is important to note that Cadence Bank [NYSE:CADE] has a current ratio of 0.06. Considering the valuation of this stock, the price to sales ratio is 1.92, the price to book ratio is 1.05 and price to earnings (TTM) ratio is 11.20.
Transactions by insiders
Recent insider trading involved FREEMAN CATHY SMITH, Officer, that happened on Mar 20 ’25 when 5000.0 shares were purchased. Director, Jackson Keith J completed a deal on Nov 06 ’24 to buy 4626.0 shares. Meanwhile, Officer ROLLINS JAMES D III bought 69678.0 shares on Nov 05 ’24.
