The average rating for Southern States Bancshares from one analyst is 'Buy'. Our trading recommendation module supplements this consensus, analyzing the company's growth potential using all available fundamental, technical, and market-related data.
Key Points
Southern States Bancshares (SSBK) is showing promising potential this August, with a Jensen Alpha of
0.2454, indicating a strong risk-adjusted performance. Despite a slight price change of a loss of
0.32, the company's mean deviation of
1.43 suggests a potential upside of
3.2, making it an attractive investment for those looking to capitalize on market hype.
The successful prediction of Southern States
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Southern States Bancshares, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Southern States based on Southern States hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Southern States's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Southern States's related companies.
Use Technical Analysis to project Southern expected Price
Southern States technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Southern States technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Southern States trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Southern States Gross Profit
Southern States Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Southern States previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Southern States Gross Profit growth over the last 10 years. Please check Southern States'
gross profit and other
fundamental indicators for more details.
Breaking down Southern States Further
The latest rise in Southern States Banc short term price appreciation created some momentum for institutional investors as it was traded today as low as
29.37 and as high as
29.8 per share. The company management teams have successfully maneuvered the company at convenient times to take advantage of all market conditions in
June. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.94. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
| 2021 | 2022 | 2023 | 2024 (projected) |
Free Cash Flow | 25.2M | 36.3M | 38.5M | 23.1M | Stock Based Compensation | 825K | 912K | 870K | 736.3K |
Total Revenue Breakdown
Southern States Total Revenue yearly trend continues to be quite stable with very little volatility. The value of Total Revenue is projected to decrease to about 74.7
M. Total Revenue usually refers to the total amount of income generated by the sale of goods or services related to the company's primary operations. At this time, Southern States' Total Revenue is quite stable compared to the past year.
| 2010 | 30.93 Million |
| 2019 | 41.56 Million |
| 2020 | 50.12 Million |
| 2021 | 63.72 Million |
| 2022 | 80.02 Million |
| 2023 | 141.25 Million |
| 2024 | 74.72 Million |
"Never put all your eggs in one basket," is a well-known financial proverb that resonates with the current situation of Southern States Bancshares (SSBK). Despite a high probability of bankruptcy at 68.88%, the company has shown resilience with a net income of $31.95M and a gross profit of $74.41M. The company's shares are primarily owned by insiders and institutions, at 16.58% and 52.89% respectively, indicating a strong belief in the company's potential. However, with a short ratio of 1.87X and a potential upside of 3.2, investors should tread carefully. The company's current valuation stands at $174.16M, with a target price of $35, suggesting that there may be room for growth this August.
Another small slide for Southern States
Southern States Bancshares is showing potential signs of volatility as its Jensen Alpha, a key performance indicator, drops to 0.25. This suggests that the stock may not be providing adequate returns for its risk level. Investors are advised to monitor the stock's performance closely in the upcoming weeks. As of July 20th, Southern States has a Risk Adjusted Performance of 0.1351, a coefficient of variation of 489.04, and a Semi Deviation of 1.67. These technical indicators, along with the company's fundamental indicators, should be considered when making investment decisions.
Our Final Take On Southern States
Whereas some companies within the banks—regional industry are still a little expensive, even after the recent corrections, Southern States may offer a potential longer-term growth to institutional investors. While some institutional investors may not share our view, we believe that right now is not a good time to increase your holdings in Southern. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Southern States.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Southern States Bancshares. Please refer to our
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