A share price of Ameris Bancorp [ABCB] is currently trading at $55.51, up 2.78%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ABCB shares have gain 5.91% over the last week, with a monthly amount drifted -6.44%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Raymond James upgraded its rating to Outperform on October 28, 2024, and kept the price target unchanged to $67. On October 10, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $44 on the stock. Stephens started tracking the stock assigning a Equal-Weight rating and suggested a price target of $41 on April 04, 2023. Raymond James downgraded its rating to Mkt Perform for this stock on October 31, 2022. In a note dated September 30, 2021, Stephens downgraded an Equal-Weight rating on this stock but restated the target price of $56.
Ameris Bancorp experienced fluctuations in its stock price throughout the past year between $45.89 and $74.56. Currently, Wall Street analysts expect the stock to reach $71 within the next 12 months. Ameris Bancorp [NYSE: ABCB] shares were valued at $55.51 at the most recent close of the market. An investor can expect a potential return of 27.9% based on the average ABCB price forecast.
Analyzing the ABCB fundamentals
Trailing Twelve Months sales for Ameris Bancorp [NYSE:ABCB] were 1.58B which represents 6.91% growth. Gross Profit Margin for this corporation currently stands at 1.05% with Operating Profit Margin at -0.24%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
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 54.85 points at the first support level, and at 54.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.45, and for the 2nd resistance point, it is at 57.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ameris Bancorp [NYSE:ABCB] is 0.13. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 1.02 and price to earnings (TTM) ratio is 10.69.
Transactions by insiders
Recent insider trading involved Strange Douglas D, Chief Credit Officer, that happened on Mar 12 ’25 when 1000.0 shares were purchased. Director, Ezzell Robert Dale completed a deal on Nov 06 ’24 to sell 8000.0 shares. Meanwhile, Director Ezzell Robert Dale bought 10134.0 shares on Nov 05 ’24.
