Key Takeaways From SouthState Analyst Ratings
Portfolio Pulse from Benzinga Insights
SouthState (NYSE:SSB) has received mixed analyst ratings over the past three months, with 1 somewhat bullish and 3 indifferent ratings. The average 12-month price target is $81.00, with a high of $93.00 and a low of $73.00. Analysts from Stephens & Co., Truist Securities, and Raymond James have provided recent evaluations, with price target adjustments reflecting their latest views on the company. SouthState's financial performance shows a negative revenue trend with a -1.65% decline, a strong net margin of 28.99%, but lower than average ROE and ROA, and a conservative debt-to-equity ratio of 0.07.
December 19, 2023 | 8:00 pm
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NEUTRAL IMPACT
SouthState has a mixed outlook from analysts, with an unchanged average price target of $81.00. Financials show a revenue decline but strong net margin, with challenges in ROE and ROA.
The unchanged average price target and mixed analyst ratings suggest a neutral short-term impact on SSB's stock price. The strong net margin is positive, but the negative revenue trend and below-average ROE and ROA could be concerning to investors. The conservative debt management is a positive sign, indicating a lower risk profile. Overall, the impact is neutral as positive and negative factors seem to balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100