Simmons First National Corp (NASDAQ: SFNC) is 24.24% higher on its value in year-to-date trading and has touched a low of $14.59 and a high of $25.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SFNC stock was last observed hovering at around $25.53 in the last trading session, with the day’s loss setting it -0.88%.
Currently trading at $24.65, the stock is 5.51% and 11.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -3.45% at the moment leaves the stock 26.42% off its SMA200. SFNC registered 59.86% gain for a year compared to 6-month gain of 36.34%. The firm has a 50-day simple moving average (SMA 50) of $21.977 and a 200-day simple moving average (SMA200) of $19.47605.
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The stock witnessed a 13.80% loss in the last 1 month and extending the period to 3 months gives it a 26.74%, and is 6.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 3.00% over the month.
Simmons First National Corp (SFNC) has around 3007 employees, a market worth around $3.09B and $1.43B in sales. Current P/E ratio is 24.16 and Fwd P/E is 15.17. Profit margin for the company is 8.94%. Distance from 52-week low is 68.93% and -5.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.60%).
The EPS is expected to shrink by -18.05% this year
325.0 institutions hold shares in Simmons First National Corp (SFNC), with institutional investors hold 71.12% of the company’s shares. The shares outstanding are 125.18M, and float is at 123.38M with Short Float at 1.98%. Institutions hold 69.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.16 million shares valued at $319.32 million. The investor’s holdings represent 14.4916 of the SFNC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.32 million shares valued at $251.74 million to account for 11.4248 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.32 million shares representing 5.8433 and valued at over $128.75 million, while STATE STREET CORP holds 4.8859 of the shares totaling 6.12 million with a market value of $108.89 million.
Simmons First National Corp (SFNC) Insider Activity
The most recent transaction is an insider sale by Garner David W, the company’s EVP, Chief Accounting Officer. SEC filings show that Garner David W sold 3,600 shares of the company’s common stock on Aug 23 ’24 at a price of $21.21 per share for a total of $76356.0. Following the sale, the insider now owns 64966.0 shares.
Still, SEC filings show that on Jul 31 ’24, Massanelli Stephen C (SEVP) disposed off 5,000 shares at an average price of $21.70 for $0.11 million. The insider now directly holds 83,453 shares of Simmons First National Corp (SFNC).
