Southern First Bankshares Inc (NASDAQ: SFST) suffers from exceptional negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.
Recent important negative changes in fundamentals have impacted Southern First Bankshares Inc (NASDAQ: SFST): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SFST is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Southern First Bankshares has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Southern First Bankshares has a good Appreciation Score of 80 and a good Power Rating of 80, triggering the Highest Value Trend Rating.
Recent Price Action
On 4/29/24, Southern First Bankshares Inc (NASDAQ: SFST) stock declined modestly by -1.6%, closing at $26.74. However, trading volume in this decline was unusually low at 65% of normal. Relative to the market the stock has been strong over the last nine months but has declined -7.8% during the last week.
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