Alert: Positive Fundamental Signals (2/26/24)-Southside Bancshares Inc (NASDAQ: SBSI)

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Extremely significant positive changes in Southside Bancshares Inc (NASDAQ: SBSI) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and the stock’s power rating rose above 70.

The stock is currently unrated.

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Current PriceTarget Research Rating

SBSI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Southside Bancshares is currently unrated.

Recent Price Action

Southside Bancshares Inc (NASDAQ: SBSI) stock closed at $28.97 on 2/26/24 after a slight gain of 0.2%. NORMAL trading volume accompanied the advance. The stock has declined -5.5% during the last week but has been strong relative to the market over the last nine months.

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