Southside Bancshares Inc [NYSE: SBSI] gained 1.26% on the last trading session, reaching $28.05 price per share at the time.
If compared to the average trading volume of 126.92K shares, SBSI reached a trading volume of 110706 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Southside Bancshares Inc [SBSI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBSI shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBSI 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.
Raymond James have made an estimate for Southside Bancshares Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Hovde Group raised their target price from $31 to $37. The new note on the price target was released on July 29, 2024, representing the official price target for Southside Bancshares Inc stock. Previously, the target price had yet another drop from $35 to $31, while Hovde Group kept a Market Perform rating on SBSI stock.
The Average True Range (ATR) for Southside Bancshares Inc is set at 0.56, with the Price to Sales ratio for SBSI stock in the period of the last 12 months amounting to 1.87. The Price to Book ratio for the last quarter was 1.04. Price to Free Cash Flow for SBSI in the course of the last twelve months was 15.10.
Trading performance analysis for SBSI stock
Southside Bancshares Inc [SBSI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.57. With this latest performance, SBSI shares dropped by -4.75% in over the last four-week period, additionally sinking by -20.22% over the last 6 months – not to mention a rise of 9.87% in the past year of trading.
Southside Bancshares Inc [SBSI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Southside Bancshares Inc [SBSI] shares currently have an operating margin of 23.67%. Southside Bancshares Inc’s Net Margin is presently recorded at 19.49%.
Return on Equity for this stock inclined to 1.06%, with Return on Assets sitting at 1.06%.
An analysis of Institutional ownership at Southside Bancshares Inc [SBSI]
There are presently around $58.79%, or 62.20%% of SBSI stock, in the hands of institutional investors. The top three institutional holders of SBSI stocks are: BLACKROCK INC. with ownership of 4.35 million shares, which is approximately 14.3638%. VANGUARD GROUP INC, holding 2.0 million shares of the stock with an approximate value of $$55.24 million in SBSI stocks shares; and VANGUARD GROUP INC, currently with $$35.41 million in SBSI stock with ownership which is approximately 4.2351%.
