With 0.7 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on SSB shows that it touched its highest point at $114.26 and its lowest point at $70.68 during that stretch. It currently has a 1-year price target of $113.60. With its current market cap of 8.86 billion, SSB has annualized dividend of $2.14 while the current yield stands at 2.45%. Beta for the stock currently stands at 0.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SSB was up-trending over the past week, with a rise of 0.55%, but this was up by 6.34% over a month. Three-month performance dropped to -18.39% while six-month performance fell -10.43%. The stock gained 11.06% in the past year, while it has lost -12.28% so far this year. A look at the trailing 12-month EPS for SSB yields 6.34 with Next year EPS estimates of 9.21. For the next quarter, that number is 1.81. This implies an EPS growth rate of -1.81% for this year and 34.52% for next year. EPS is expected to grow by 14.77% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.39%.
Float and Shares Shorts:
At present, 101.48 million SSB shares are outstanding with a float of 100.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SSB since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.05 being high and $6.96 being low. For SSB, this leads to a yearly average estimate of $6.99.
