Southside Story

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SBSI -- USA Stock  

USD 35.54  0.22  0.62%

Today we will concentrate on Southside Bancshares. We will evaluate if Southside Bancshares shares are reasonably priced going into February. Southside Bancshares is at this time traded for 33.15. The entity has historical hype elasticity of 0.18. The average price elasticity to hype of competition is about -0.08. The firm is projected to increase in value after the next press release, with the price going to jump to 33.31. The current volatility of headline impact on the company stock price is is way over 100 percent making price predictions on social media along less reliable. The price rise on the next news is estimated to be 0.45%, whereas the daily expected return is at this time at 0.44%. Given the investment horizon of 30 days the next projected announcement will be in about 5 days.
Published over a month ago
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Is Southside Bancshares (NASDAQ:SBSI) gaining more confidence from stockholders?
Our recommendation module can be used to complement Southside Bancshares trade recommendation provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time.
The successful prediction of Southside Bancshares 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 Southside 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 Southside Bancshares based on Southside Bancshares hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Southside Bancshares's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Southside Bancshares's related companies.

Use Technical Analysis to project Southside expected Price

Southside Bancshares 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 Southside Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Southside Bancshares 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...

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 Lawrence Anderson, the corporate stakeholder, on 26th of February 2021. This event was filed by Southside Bancshares Inc with SEC on 2021-02-26. 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

The current price rise of Southside Bancshares created some momentum for stockholders as it was traded today as low as 32.48 and as high as 33.52 per share. The company directors and management may have good odds in positioning the company resources to exploit market volatility in February. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.51. The current volatility is consistent with the ongoing market swings in December 2020 as well as with Southside Bancshares unsystematic, company-specific events.
 2020 2021 (projected)
Net Income67.1 M55.18 M
Gross Profit147.81 M120.47 M

Revenues Breakdown

Southside Bancshares Revenues is increasing over the last several years with slightly volatile swings. Revenues is predicted to flatten to about 217.8 M. Revenues usually refers to amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Southside Bancshares Revenues is most likely to increase significantly in the upcoming years. The last year's value of Revenues was reported at 254.84 Million
2014148.27 Million
2015192.43 Million
2016208.32 Million
2017224.95 Million
2018269.94 Million
2019283.15 Million
2020254.84 Million
2021217.79 Million

Southside Bancshares has a small chance to finish above $34 in 2 months

Current standard deviation is at 2.52. As of the 26th of January, Southside Bancshares has the Risk Adjusted Performance of 0.1739, semi deviation of 1.96, and Coefficient Of Variation of 571.85. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Southside Bancshares, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Southside Bancshares, which can be compared to its competition. Please validate Southside Bancshares jensen alpha and downside variance to decide if Southside Bancshares is priced more or less accurately, providing market reflects its prevalent price of 33.15 per share. Given that Southside Bancshares has jensen alpha of 0.4077, we advise you to double-check Southside Bancshares's current market performance to make sure the company can sustain itself at a future point.

Our Final Take On Southside Bancshares

While some firms within the banks?regional industry are still a little expensive, even after the recent corrections, Southside Bancshares may offer a potential longer-term growth to stockholders. To conclude, as of the 26th of January 2021, our primary 30 days advice on the company is Buy. We believe Southside Bancshares is fairly valued with below average probability of financial unrest for the next two years.

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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