Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, SouthState Corporation (NYSE: SSB) closed at $92.37 down -2.32% from its previous closing price of $94.56. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.71 million shares were traded.
Ratios:
For a deeper understanding of SouthState Corporation’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 27, 2025, Upgraded its rating to Buy and sets its target price to $128 from $106 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’25 when SMITH G STACY bought 3,100 shares for $93.60 per share. The transaction valued at 290,160 led to the insider holds 36,779 shares of the business.
Hobbs Michael B bought 7,399 shares of SSB for $685,813 on Mar 06 ’25. On Mar 03 ’25, another insider, ARANA SARA, who serves as the Chief Accounting Officer of the company, sold 1,991 shares for $100.78 each. As a result, the insider received 200,653 and left with 4,787 shares of the company.
Valuation Measures:
As of this moment, SouthState’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.26, and their Forward P/E ratio for the next fiscal year is 10.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.84 while its Price-to-Book (P/B) ratio in mrq is 1.20.
Stock Price History:
Over the past 52 weeks, SSB has reached a high of $114.26, while it has fallen to a 52-week low of $70.68. The 50-Day Moving Average of the stock is -8.35%, while the 200-Day Moving Average is calculated to be -2.57%.
Shares Statistics:
A total of 101.36M shares are outstanding, with a floating share count of 100.03M. Insiders hold about 1.32% of the company’s shares, while institutions hold 69.04% stake in the company.
