Results: Southern First Bancshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Results: Southern First Bancshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Southern First Bancshares, Inc. (NASDAQ:SFST) recently reported its full-year numbers. Results look mixed - while revenue fell marginally short of analyst estimates at US$86m, statutory earnings beat expectations 8.5%, with Southern First Bancshares reporting profits of US$1.66 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Southern First Bancshares after the latest results.
你可能知道,南方第一銀行股份有限公司(納斯達克股票代碼:SFST)最近公佈了其全年數據。業績好壞參半——收入略低於分析師預期的8600萬美元,法定收益超出預期的8.5%,南方第一銀行公佈的每股利潤爲1.66美元。根據結果,分析師更新了他們的盈利模式,很高興知道他們是否認爲公司的前景發生了巨大變化,或者業務是否照舊。讀者會很高興得知我們已經彙總了最新的法定預測,以了解分析師在最新業績公佈後是否改變了對南方第一銀行股份的看法。
Check out our latest analysis for Southern First Bancshares
查看我們對南方第一銀行股的最新分析
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Taking into account the latest results, the consensus forecast from Southern First Bancshares' two analysts is for revenues of US$98.8m in 2024. This reflects a solid 15% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 24% to US$2.06. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$96.5m and earnings per share (EPS) of US$1.93 in 2024. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.
考慮到最新業績,南方第一銀行的兩位分析師的共識預測是,2024年的收入爲9,880萬美元。這反映了與過去12個月相比,收入穩步增長了15%。預計每股法定收益將激增24%,至2.06美元。然而,在最新業績公佈之前,分析師曾預計2024年的收入爲9,650萬美元,每股收益(EPS)爲1.93美元。因此,鑑於明年收入和每股收益預測均有所上調,最新業績公佈後,市場情緒似乎略有上升。
With these upgrades, we're not surprised to see that the analysts have lifted their price target 27% to US$42.75per share.
通過這些上調,分析師將目標股價上調27%至每股42.75美元,我們並不感到驚訝。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Southern First Bancshares' past performance and to peers in the same industry. It's clear from the latest estimates that Southern First Bancshares' rate of growth is expected to accelerate meaningfully, with the forecast 15% annualised revenue growth to the end of 2024 noticeably faster than its historical growth of 7.1% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.3% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Southern First Bancshares to grow faster than the wider industry.
這些估計很有趣,但是在查看預測與南方第一銀行過去的表現以及與同一行業的同行進行比較時,可以更粗略地描述一些細節。從最新估計中可以明顯看出,南方第一銀行的增長率預計將顯著加速,預計到2024年底,年化收入增長15%,將明顯快於過去五年7.1%的歷史年增長率。相比之下,同行業的其他公司預計年收入將增長5.3%。顯而易見,儘管增長前景比最近更加光明,但分析師也預計,南方第一銀行股的增長速度將超過整個行業。
The Bottom Line
底線
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Southern First Bancshares following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
這裏最重要的是,分析師上調了每股收益的預期,這表明在這些業績公佈後,人們對南方第一銀行的樂觀情緒明顯增強。令人高興的是,他們還上調了收入預期,他們的預測表明,該業務的增長速度預計將快於整個行業。目標股價也大幅提高,分析師顯然認爲該業務的內在價值正在提高。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2025, which can be seen for free on our platform here.
根據這種思路,我們認爲該業務的長期前景比明年的收益重要得多。至少有一位分析師提供了到2025年的預測,可以在我們的平台上免費查看。
Before you take the next step you should know about the 1 warning sign for Southern First Bancshares that we have uncovered.
在你採取下一步行動之前,你應該了解我們發現的南方第一銀行股票的1個警告信號。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St 的這篇文章本質上是籠統的。我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。