Southern First Bankshares Inc (NASDAQ: SFST) has reported E.P.S. of $0.51 for its fourth fiscal quarter (ending December 31) versus $0.69 for the same period a year ago — a decline of -26%. Relative to the consensus estimate of $0.38, this was a premium of $0.13. For the latest four quarters through December 31, E.P.S. were $1.67 compared to $3.66 a year ago — a decline of -54%.
Recent Price Action
Southern First Bankshares Inc (NASDAQ: SFST) stock closed at $35.93 on 1/18/24 after a modest decline of -1.1%. Moreover, this decline was accompanied by above average trading volume at 138% of normal. The stock has declined -4.9% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SFST is expected to be Value Creation neutral.
Southern First Bankshares has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Southern First Bankshares has a slightly negative Appreciation Score of 31 but a very high Power Rating of 95, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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