Southside Story

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SBSI -- USA Stock  

USD 32.01  0.95  2.88%

Southside Bancshares Calculated Tax Rate is most likely to slightly decrease in the upcoming years. The last year's value of Calculated Tax Rate was reported at 15.06. The current PPandE Turnover is estimated to increase to 2.49, while Net Income Per Employee is projected to decrease to roughly 74.6 K. The primary intention for this outlook is to break down Southside potential for January. We are going to examine if Southside Bancshares is reasonably priced going into January.
Published over three weeks ago
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Are Southside (NASDAQ:SBSI) stockholders starting to hold back?
About 49.0% of Southside Bancshares shares are owned by institutional investors. Insiders ownership of Southside Bancshares refers to the amount of Southside Bancshares equity owned by Southside officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Southside, including its current ownership diagnostics.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Southside Bancshares. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Southside Bancshares

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Southside Bancshares' stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Southside Bancshares in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Southside Bancshares. Your research has to be compared to or analyzed against Southside Bancshares' peers to derive any actionable benefits. When done correctly, Southside Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Southside Bancshares.

How important is Southside Bancshares's Liquidity

Southside Bancshares financial leverage refers to using borrowed capital as a funding source to finance Southside Bancshares ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Southside Bancshares financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Southside Bancshares's total debt and its cash.

How Southside utilizes its cash?

To perform a cash flow analysis of Southside Bancshares, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Southside Bancshares is receiving and how much cash it distributes out in a given period. The Southside Bancshares cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Southside Bancshares Net Cash Flow from Operations is most likely to increase significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 72.55 Million

Southside Bancshares exotic insider transaction detected

Legal trades by Southside Bancshares insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Southside insider trading alert for general transaction of common stock by Hilliard Shands, the corporate stakeholder, on 14th of January 2021. This event was filed by Southside Bancshares Inc with SEC on 2021-01-14. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is the case for Southside Bancshares Investors

Southside Bancshares currently demonstrates below-verage downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.44. However, we do advice investors to further question Southside Bancshares expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Returns Breakdown

Return on Assets1.21
Return on Equity12.04
Return Capital0.0116
Return on Sales0.38

Southside may start a correction in January

The coefficient of variation is down to 545.33 as of today. Southside Bancshares currently demonstrates below-verage downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.44. However, we do advice investors to further question Southside Bancshares expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

The Current Takeaway on Southside Bancshares Investment

While few other entities under the banks?regional industry are still a bit expensive, Southside Bancshares may offer a potential longer-term growth to stockholders. While some stockholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. 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 Southside Bancshares.

About Contributor

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 Raphi Shpitalnik do not own shares of Southside Bancshares. Please refer to our Terms of Use for any information regarding our disclosure principles.

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