S & T Bancorp, Inc [NASDAQ: STBA] traded at a low on Friday, posting a -0.35 loss after which it closed the day’ session at $36.49.
The results of the trading session contributed to over 118591 shares changing hands. Over the past one week, the price volatility of S & T Bancorp, Inc stands at 1.32% while the volatility over the past one month is 1.47%.
The market cap for STBA stock reached $1.40 billion, with 38.26 million shares outstanding and 37.72 million shares in the current float. Compared to the average trading volume of 174.06K shares, STBA reached a trading volume of 118591 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about S & T Bancorp, Inc [STBA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STBA shares is $40.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STBA stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for S & T Bancorp, Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 29, 2022. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Mkt Perform. The new note on the price target was released on July 13, 2021, representing the official price target for S & T Bancorp, Inc stock. Previously, the target price had yet another raise to $29, while DA Davidson analysts kept a Neutral rating on STBA stock.
The Average True Range (ATR) for S & T Bancorp, Inc is set at 1.20, with the Price to Sales ratio for STBA stock in the period of the last 12 months amounting to 2.50. The Price to Book ratio for the last quarter was 0.98. Price to Free Cash Flow for STBA in the course of the last twelve months was 9.24.
How has STBA stock performed recently?
S & T Bancorp, Inc [STBA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.97. With this latest performance, STBA shares gained by 0.05% in over the last four-week period, additionally sinking by -13.16% over the last 6 months – not to mention a rise of 10.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STBA stock in for the last two-week period is set at 43.75, with the RSI for the last a single of trading hit 35.97, and the three-weeks RSI is set at 46.33 for S & T Bancorp, Inc [STBA]. The present Moving Average for the last 50 days of trading for this stock 36.60, while it was recorded at 37.32 for the last single week of trading, and 39.38 for the last 200 days.
S & T Bancorp, Inc [STBA]: Deeper insight into the fundamentals
S & T Bancorp, Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.04.
Insider trade positions for S & T Bancorp, Inc [STBA]
There are presently around $72.34%, or 73.50%% of STBA stock, in the hands of institutional investors. The top three institutional holders of STBA stocks are: BLACKROCK INC. with ownership of 5.53 million shares, which is approximately 14.4744%. VANGUARD GROUP INC, holding 4.49 million shares of the stock with an approximate value of $$149.82 million in STBA stocks shares; and VANGUARD GROUP INC, currently with $$80.06 million in STBA stock with ownership which is approximately 6.2785%.
