Commerce (CBSH) Reaches New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Commerce ( CBSH) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Commerce as such a stock due to the following factors:

  • CBSH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $17.5 million.
  • CBSH has traded 6,582 shares today.
  • CBSH is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CBSH with the Ticky from Trade-Ideas. See the FREE profile for CBSH NOW at Trade-Ideas

More details on CBSH:

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, corporate, investment, trust, and asset management products and services to individuals and businesses. It operates through three segments: Consumer, Commercial, and Wealth. The stock currently has a dividend yield of 2%. CBSH has a PE ratio of 17. Currently there are 2 analysts that rate Commerce a buy, 2 analysts rate it a sell, and 7 rate it a hold.

The average volume for Commerce has been 466,100 shares per day over the past 30 days. has a market cap of $4.3 billion and is part of the financial sector and banking industry. The stock has a beta of 1.06 and a short float of 6% with 13.11 days to cover. Shares are up 4% year-to-date as of the close of trading on Wednesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Commerce as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:
  • The gross profit margin for COMMERCE BANCSHARES INC is currently very high, coming in at 95.78%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 22.86% trails the industry average.
  • COMMERCE BANCSHARES INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, COMMERCE BANCSHARES INC increased its bottom line by earning $2.61 versus $2.60 in the prior year. For the next year, the market is expecting a contraction of 0.4% in earnings ($2.60 versus $2.61).
  • CBSH, with its decline in revenue, slightly underperformed the industry average of 0.0%. Since the same quarter one year prior, revenues slightly dropped by 2.1%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. The stock's price rise over the last year has driven it to a level which is somewhat expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
  • Net operating cash flow has decreased to $95.52 million or 21.36% when compared to the same quarter last year. Despite a decrease in cash flow of 21.36%, COMMERCE BANCSHARES INC is in line with the industry average cash flow growth rate of -27.80%.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec