Simmons First National Corp (NASDAQ: SFNC) has reported earnings for its first fiscal quarter (ending March 31) of $0.31 versus $0.36 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.34 compared to $1.86 a year ago.
Recent Price Action
On 4/24/24, Simmons First National Corp (NASDAQ: SFNC) stock declined by -3.1%, closing at $18.23. Moreover, trading volume in this decline was above average at 141% of normal. The stock has risen 4.2% during the last week and has been strong relative to the market over the last nine months.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Simmons First National has a slightly positive Power Rating of 66 and a good Appreciation Score of 78, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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