Alert: New Earnings Report (10/22/24)-Southern First Bankshares Inc (NASDAQ: SFST).

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For its third fiscal quarter (ending September 30), Southern First Bankshares Inc (NASDAQ: SFST) has reported E.P.S. of $0.54 compared to $0.51 a year ago. E.P.S. were $1.73 for the latest four quarters through September 30 versus $1.84 for the same period a year ago.

Recent Price Action

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Southern First Bankshares Inc (NASDAQ: SFST) stock closed at $37.75 on 10/22/24 after a large increase of 4.9%. Moreover, this advance was accompanied by unusually high trading volume at 188% of normal. The stock has performed in line with the market over the last nine months and has risen 5.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, SFST is expected to be a modest Value Builder.

Southern First Bankshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Southern First Bankshares has a slightly positive Power Rating of 64 and a slightly positive Appreciation Score of 66, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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