A share price of OceanFirst Financial Corp [OCFC] is currently trading at $17.65, up 2.62%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OCFC shares have lost -3.13% over the last week, with a monthly amount drifted -6.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Keefe Bruyette upgraded its rating to Outperform on October 10, 2025, and kept the price target unchanged to $22. On January 27, 2025, Hovde Group reiterated its Outperform rating and revised its price target to $22 on the stock. Hovde Group reiterated its Outperform rating and increased its price target to $21.50 on September 20, 2024. Keefe Bruyette downgraded its rating to a Mkt Perform but $18 remained the price target by the analyst firm on May 31, 2024. Raymond James upgraded its rating to Outperform for this stock on January 05, 2024, but kept the price target unchanged to $21. In a note dated September 18, 2023, DA Davidson downgraded a Neutral rating on this stock and revised its target price from $21 to $17.
OceanFirst Financial Corp experienced fluctuations in its stock price throughout the past year between $14.29 and $21.87. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. OceanFirst Financial Corp [NASDAQ: OCFC] shares were valued at $17.65 at the most recent close of the market. An investor can expect a potential return of 30.31% based on the average OCFC price forecast.
Analyzing the OCFC fundamentals
Trailing Twelve Months sales for OceanFirst Financial Corp [NASDAQ:OCFC] were 677.85M which represents -0.96% decline. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.19.
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 17.20 points at the first support level, and at 16.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.96, and for the 2nd resistance point, it is at 18.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for OceanFirst Financial Corp [NASDAQ:OCFC] is 0.10. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 0.61 and price to earnings (TTM) ratio is 13.60.
