What is the best trade option for Nicolet Bankshares Inc (NIC) stock?

A share price of Nicolet Bankshares Inc [NIC] is currently trading at $110.82, up 3.18%. 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 NIC shares have gain 9.94% over the last week, with a monthly amount drifted -1.64%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Nicolet Bankshares Inc [NYSE: NIC] stock has seen the most recent analyst activity on October 17, 2024, when Maxim Group reiterated its Buy rating and also boosted its price target to $124 from $120. Previously, Hovde Group upgraded its rating to Outperform on March 04, 2024. Stephens downgraded its rating to a Equal-Weight but stick to its price target of $81 on October 25, 2023. Stephens downgraded its rating to a Equal-Weight but $84 remained the price target by the analyst firm on August 07, 2023. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on July 20, 2023, and upped its price target to $81.

Nicolet Bankshares Inc experienced fluctuations in its stock price throughout the past year between $75.24 and $121.52. Currently, Wall Street analysts expect the stock to reach $118 within the next 12 months. Nicolet Bankshares Inc [NYSE: NIC] shares were valued at $110.82 at the most recent close of the market. An investor can expect a potential return of 6.48% based on the average NIC price forecast.

Analyzing the NIC fundamentals

Trailing Twelve Months sales for Nicolet Bankshares Inc [NYSE:NIC] were 528.14M which represents 6.08% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.36%, 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 0.11 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 0.14.

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 108.88 points at the first support level, and at 106.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 112.05, and for the 2nd resistance point, it is at 113.28.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Nicolet Bankshares Inc [NYSE:NIC] is 0.12. Considering the valuation of this stock, the price to sales ratio is 3.19, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 13.37.

Transactions by insiders

Recent insider trading involved MERKATORIS SUSAN L, Director, that happened on Mar 07 ’25 when 300.0 shares were sold. Director, ATWELL ROBERT BRUCE completed a deal on Feb 24 ’25 to sell 3102.0 shares. Meanwhile, Director ATWELL ROBERT BRUCE bought 3102.0 shares on Feb 24 ’25.

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