Wall Street analysts often give recommendations on equities that they cover. These analysts typically have a deep understanding of the health of a particular company. Taking a quick look at shares of S&T Bancorp, Inc. (NASDAQ:STBA), we note that the current average broker rating is now 2.5. This data is provided by Zacks Research using a ratings scale from 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This average broker rating may help provide some insight on how the sell-side is currently viewing company stock. After a recent scan, we have also noticed that 1 Street analysts have rated the stock a Strong Buy or Buy, based analysts polled by Zacks Research.
Investors often have to face the issue of risk when dealing with the stock market. Creating portfolios that have the largest probability of attaining personal goals might be the course of action for many investors. Realizing that risk is a large part of the investment process can help the investor think realistically. Although completely eliminating risk is not reasonable, taking steps to reduce risk with proper portfolio management is well within reach for any investor. When first starting out, investors may be tempted to follow strategies from friends or colleagues that have dabbled in the markets with some success. Although using someone else’s strategy could work, chances are that eventually each investor will need to tweak the process in order to maximize their chances for success. Often times these lessons may end up being learned the hard way. With proper planning and execution, the hope is that the investor will arm themselves with enough knowledge to avoid mistakes early on.
Following shares of S&T Bancorp, Inc. (NASDAQ:STBA), we can see that the average consensus target price based on contributing analysts is currently $47. Wall Street analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Navigating the equity markets can seem daunting at times. Finding ways to identify the important data can make a big difference in sustaining profits into the future. As we move closer to the end of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to go higher. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.
Zooming in on the current quarter EPS consensus estimate for S&T Bancorp, Inc. (NASDAQ:STBA), we see that the current number is 0.76. This EPS estimate is using 4 Wall Street analysts polled by Zacks Research. Last quarter, the company stated a quarterly EPS of 0.88. Sell-side analysts have the task of examining companies and providing estimates relating to future results. These estimates carry a lot of weight on the Street, and earnings hits or misses revolve around these numbers. Sometimes these predictions are very close to the actual reported number, and other times they are not. Many investors will be closely watching which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely out of the ordinary after combing through the results.
Individual investors might be looking at all the angles in order to concoct a winning plan for the next few quarters. The diligent investor is typically on the ball and ready to encounter any unforeseen market movements. Monitoring recent stock price activity on shares of S&T Bancorp, Inc. (NASDAQ:STBA) we have noted that the stock price has been trading near $41.27. Turning the focus to some historical price information, we note that the stock has moved 1.73% over the previous 12 weeks. Since the start of the year, we note that shares have seen a change of 9.06%. Over the last 4 weeks, shares have seen a change of 12.79%. Over the last 5 sessions, the stock has moved 4.22%. After a recent scan, we can see that the 52-week high is currently $47.53, and the 52-week low is presently $35.85.
As the markets continue to charge to new heights, investors may be trying to calculate where the markets will be moving in the next few months. Many market enthusiasts will be monitoring the current round of company earnings reports. A better than expected earnings period may help give the stock market another boost to even greater levels. At this point in time, investors may be a bit more cautious with stock selection. With so many names near all-time highs, investors may need to crunch the numbers to evaluate which stocks are still a good buy even at current price levels. Investors may also want to zoom out to the sector level and see if they can determine which sectors may be poised to outperform the overall market coming in to the second part of the year. Investors may also be looking at the overall economic conditions and striving to gain a sense of whether everything will align to keeping the bull run going.
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