Keeping an eye on shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF), we see that the current average price target is $28.25. Wall Street analysts have the ability to produce price target estimates for where they think the stock is heading. Because price target projections vary from one analyst to another, they may span a wide range of values. Many investors choose to monitor target prices, and they will pay extra close attention when there are updates. Investors might choose to lean heavily on analyst reports and target projections when doing their own stock research.
Amateur investors can sometimes become overwhelmed by the speed and volatility of the stock market. Often times, avoiding big mistakes early on can be the difference between staying in the game or being prematurely forced to the sidelines. One of the biggest mistakes that a new investor can make is not creating a realistic plan. A well-crafted plan will generally include risk tolerance, time horizon, and amount and frequency of investments. Having a clear plan for attaining goals can help the investor stay focused when the terrain gets rocky. Another common mistake for investors is buying high and selling low. Of course, everybody preaches the buy low sell high mantra, but it is much easier said than done. Getting caught up in the day to day market swings can lead the investor to do just the opposite and become a hot stock chaser instead of a disciplined decision maker.
Looking at some recent stock price activity for Seacoast Banking Corporation of Florida (NASDAQ:SBCF), we have spotted shares trading near the $25.92 level. Looking at some popular historical levels, we note that the 52-week high is presently $26.48, and the 52-week low is currently $20.59. When the stock is trading close to the 52-week high or 52-week low, investors may pay extra attention to see if there will be a move through that level. Looking back over the last 12 weeks, the stock has moved 16.86%. Heading back to the start of the year, we can see that shares have moved 17.5%. Over the past 4 weeks, shares have seen a change of 6.97%. Over the last 5 trading sessions, the stock has moved 0.86%.
Covering analysts are looking for Seacoast Banking Corporation of Florida (NASDAQ:SBCF) to report a current quarter EPS of 0.36 when the company issues their next earnings report. This is the consensus estimate using analysts taken into consideration by Zacks Research. This estimate includes 4 sell-side analysts. For the previous reporting period, the company posted a quarterly EPS of 0.35. Investors will be closely tracking how close the actual comes to the consensus estimate. Analysts covering the stock are usually very busy during earnings periods. Before the release, they might be revising estimates. After the earnings release, they will closely review the information and update accordingly.
Street analysts often provide stock recommendations for companies that they track. According to analysts polled by Zacks Research, the current average rating on shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) is 1.6. This average rating includes analysts who have given Buy, Sell and Hold ratings on the name. This rating uses a numerical scale from 1 to 5. A 1 would indicate a Buy recommendation, and a score of 5 would point to a Sell recommendation. Out of all the analysts offering recommendations, 4 have rated the stock a Strong Buy or Buy.
From time to time, even solid companies may experience some sort of setback. Just because a company encounters one negative event, it might not be appropriate to sell the stock. Often times, the stock may still be valuable on a fundamental level, and there may be plenty of room for resurgence. When bad news hits, the stock price may be greatly impacted. Sometimes there can be an overexaggeration which leads to erroneous selling. This can in turn provide buying opportunities to those in the know. Investors who do the homework and closely examine the underlying numbers may put themselves in a good position when situation like this arise. Investors that are looking for longer term value may find that a panic sell-off is the perfect chance to get into a stock that has just suffered a temporary setback. Paying attention to these occurrences can greatly help the investor spot potential buying opportunities in the equity market.