Commerce Bancshares, Inc (NASDAQ: CBSH) is -3.68% lower on its value in year-to-date trading and has touched a low of $48.57 and a high of $72.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CBSH stock was last observed hovering at around $58.75 in the last trading session, with the day’s gains setting it 1.27%.
Currently trading at $60.02, the stock is 0.46% and -3.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 2.16% at the moment leaves the stock -2.55% off its SMA200. CBSH registered 23.02% gain for a year compared to 6-month gain of 4.53%. The firm has a 50-day simple moving average (SMA 50) of $62.306 and a 200-day simple moving average (SMA200) of $61.590992.
The stock witnessed a -2.97% loss in the last 1 month and extending the period to 3 months gives it a -6.67%, and is 2.20% 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 3.99% over the week and 4.03% over the month.
Commerce Bancshares, Inc (CBSH) has around 4693 employees, a market worth around $8.05B and $1.89B in sales. Current P/E ratio is 15.50 and Fwd P/E is 14.53. Profit margin for the company is 27.62%. Distance from 52-week low is 23.57% and -17.50% from its 52-week high. The company has generated returns on investments over the last 12 months (15.63%).
with sales reaching $423M over the same period.The EPS is expected to grow by 3.27% this year, but quarterly earnings will post 3.14% year-over-year. Quarterly sales are estimated to grow 0.70% in year-over-year returns.
596.0 institutions hold shares in Commerce Bancshares, Inc (CBSH), with institutional investors hold 76.03% of the company’s shares. The shares outstanding are 134.43M, and float is at 129.65M with Short Float at 2.05%. Institutions hold 74.09% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.61 million shares valued at $703.51 million. The investor’s holdings represent 9.7737 of the CBSH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.85 million shares valued at $605.31 million to account for 8.8595 of the shares outstanding. The other top investors are ARISTOTLE CAPITAL MANAGEMENT, LLC which holds 8.39 million shares representing 6.8465 and valued at over $467.77 million, while COMMERCE BANK holds 5.7061 of the shares totaling 6.99 million with a market value of $389.86 million.
Commerce Bancshares, Inc (CBSH) Insider Activity
The most recent transaction is an insider sale by ROWE MARGARET M, the company’s Senior Vice President. SEC filings show that ROWE MARGARET M sold 250 shares of the company’s common stock on Mar 06 ’25 at a price of $61.92 per share for a total of $15479.0. Following the sale, the insider now owns 4971.0 shares.
Still, SEC filings show that on Feb 07 ’25, KIM CHARLES G (Exec. Vice President and CFO) disposed off 13,493 shares at an average price of $67.76 for $0.91 million. The insider now directly holds 86,246 shares of Commerce Bancshares, Inc (CBSH).
