$36.63
0.16% yesterday
Nasdaq, Nov 15, 10:01 pm CET
ISIN
US8438783073
Symbol
SSBK
Sector
Industry

Southern States Bancshares Inc Target price 2024 - Analyst rating & recommendation

Southern States Bancshares Inc Classifications & Recommendation:

Buy
100%

Southern States Bancshares Inc Price Target

Target Price $37.50
Price $36.63
Potential
Number of Estimates 2
2 Analysts have issued a price target Southern States Bancshares Inc 2025 . The average Southern States Bancshares Inc target price is $37.50. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 2 analysts: 2 Analysts recommend Southern States Bancshares Inc to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Southern States Bancshares Inc stock has an average upside potential 2025 of . Most analysts recommend the Southern States Bancshares Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 141.25 98.05
58.57% 30.58%
Net Margin 24.69% 34.31%
26.28% 38.96%

2 Analysts have issued a sales forecast Southern States Bancshares Inc 2024 . The average Southern States Bancshares Inc sales estimate is

$98.1m
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. This is
41.78% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$98.1m 41.75%
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, the lowest is
$98.0m 41.81%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $141m 58.57%
2024
$98.1m 30.58%
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2025
$110m 11.98%
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2026
$117m 6.33%
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2 Southern States Bancshares Inc Analysts have issued a net profit forecast 2024. The average Southern States Bancshares Inc net profit estimate is

$33.6m
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. This is
3.82% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$35.4m 1.13%
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, the lowest is
$31.9m 8.76%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $34.9m 16.89%
2024
$33.6m 3.55%
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2025
$39.3m 16.88%
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2026
$41.8m 6.28%
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Net Margin

2023 24.69% 26.28%
2024
34.31% 38.96%
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2025
35.81% 4.37%
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2026
35.80% 0.03%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 3.53 3.41
16.89% 3.40%
P/E 10.76
EV/Sales 4.32

2 Analysts have issued a Southern States Bancshares Inc forecast for earnings per share. The average Southern States Bancshares Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.41
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. This is
3.67% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.58 1.13%
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, the lowest is
$3.23 8.76%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.53 16.89%
2024
$3.41 3.40%
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2025
$3.98 16.72%
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2026
$4.23 6.28%
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P/E ratio

Current 10.34 61.82%
2024
10.76 4.06%
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2025
9.20 14.50%
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2026
8.66 5.87%
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Based on analysts' sales estimates for 2024, the Southern States Bancshares Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.51 5.91%
2024
4.32 72.06%
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2025
3.86 10.70%
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2026
3.63 5.95%
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P/S ratio

Current 1.94 26.46%
2024
3.33 71.76%
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2025
2.97 10.70%
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2026
2.80 5.95%
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