Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Simmons First National Corp (NASDAQ: SFNC) improved in recent days. SFNC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Simmons First National Corp (NASDAQ: SFNC) stock enjoyed a large increase of 2.4% on 9/13/24. The stock closed at $20.93. However, trading volume in this advance was below average at 79% of normal. The stock has performed in line with the market over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
SFNC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Simmons First National has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Simmons First National has a neutral Power Rating of 58 but a good Appreciation Score of 75, producing the Positive Value Trend Rating.
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