Banner Corp (NASDAQ:BANR) currently has a daily average trading volume of 233.15K but it saw 351756 shares traded in last market. With a market cap of 2.09B USD, the company’s current market price of $60.49 came rising about 1.36 while comparing to the previous closing price of $59.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $78.05 and as low as $42.00. In the recent trading on the day, stock has struck highest price mark of $57.79 while lowest mark touched by it was $62.68.
Taking a look at 20-day trading activity of Banner Corp (BANR) gives us an average price of $61.02, while its current price level is -22.50% below from 52-week high level whereas it is 44.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $64.40 while that of 200 days or SMA-200 reads an average of $63.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.88% during that period while stretching the period over a month that decreases to 4.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.98 which implies that the stock is in neutral territory.
Raymond James downgraded its recommendation for the stock as a “Outperform” from “Strong Buy” on October 21, 2022 while assigning a price target range of $68-$72. Janney issued its recommendations for the stock as it upgraded the price target for the stock is $68.
Over the week, BANR’s stock price is moving 6.52% up while it is -6.88% when we observe its performance for the past one month. Year-to-date it is -9.41% down and over the past year, the stock is showing an upside performance of 40.77%.
The company is expected to be releasing its next quarterly report on 2025-Apr-15, for which analysts forecasted an EPS of 1.33 while estimate for next year EPS is 5.43. In next quarter, company is expected to be making quarterly sales of $172.43M as analysts are expecting the sales for current fiscal year at $679.08M and seeing the company making $712.89M in sales next year. Moreover, analysts are in estimates of $168.13M for current-quarter revenue.
Currently, Banner Corp’s total number of outstanding shares is 34.49M. Company’s return on investment (ROI) stands at 7.60% and return on equity (ROE) at 10.09%. It has a price to earnings ratio (P/E ratio) of 11.88 while having a 10.58 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 1.14 while price to sale or P/S ratio amounts to 2.46. Its return on asset (ROA) is 1.11% on average.
