Simmons First National (SFNC) Reaches New Lifetime High Today - TheStreet

Trade-Ideas LLC identified

Simmons First National

(

SFNC

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Simmons First National as such a stock due to the following factors:

  • SFNC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.7 million.
  • SFNC has traded 6,686 shares today.
  • SFNC is trading at a new lifetime high.

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More details on SFNC:

Simmons First National Corporation, through its subsidiaries, provides a range of banking products and services to individual and corporate customers in Arkansas, Missouri, and Kansas. Its deposit products include checking, savings, and time deposits. The stock currently has a dividend yield of 1.8%. SFNC has a PE ratio of 22. Currently there is 1 analyst that rates Simmons First National a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Simmons First National has been 165,700 shares per day over the past 30 days. Simmons First has a market cap of $1.6 billion and is part of the financial sector and banking industry. The stock has a beta of 0.89 and a short float of 4.7% with 7.27 days to cover. Shares are up 27.2% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Simmons First National as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Highlights from the ratings report include:

  • SFNC's very impressive revenue growth greatly exceeded the industry average of 3.6%. Since the same quarter one year prior, revenues leaped by 76.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • SIMMONS FIRST NATL CP has improved earnings per share by 38.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, SIMMONS FIRST NATL CP increased its bottom line by earning $2.11 versus $1.42 in the prior year. This year, the market expects an improvement in earnings ($3.10 versus $2.11).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Banks industry. The net income increased by 146.6% when compared to the same quarter one year prior, rising from $8.79 million to $21.68 million.
  • Powered by its strong earnings growth of 38.46% and other important driving factors, this stock has surged by 30.98% over the past year, outperforming the rise in the S&P 500 Index during the same period. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
  • The gross profit margin for SIMMONS FIRST NATL CP is currently very high, coming in at 92.36%. Regardless of SFNC's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, SFNC's net profit margin of 20.33% compares favorably to the industry average.

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