Sandy Spring Bancorp trades as part of the financial services sector and is part of the banking industry. The company CEO is Daniel J. Schrider. Sandy Spring Bancorp Inc through its subsidiary, provides commercial banking, mortgage banking, and trust services. It also offers investment and wealth management services through its subsidiary.



Previous Intraday Performance:

The SASR shares had a previous change of 1.11% which opened at 33.51 and closed at 33.69. It moved to an intraday high of 33.85 and a low of 33.34.

SeekingAlpha:  Bank OZK Looking For A Little Stability In 2019

Historical Performance:

Over the last five trading days, SASR shares returned 1.81% and in the past 30 trading days it returned 2.96%. Over three months, it changed 3.05%. In one year it has changed -13.11% and within that year its 52-week high was 43.87 and its 52-week low was 29.87. SASR stock is 12.78% above its 52 Week Low.

Our calculations result in a 200 day moving average of 36.70 and a 50 day moving average of 33.20. Right now, SASR stock is trading -8.19% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Sandy Spring Stumbles On Fee-Based Income As Funding Remains A Concern

Liquidity:

The company has a market cap of $1.2b with 35.5m shares outstanding and a float of 35.3m shares. Trading volume was 94,840 shares and has experienced an average volume of 126,008 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Sandy Spring Bancorp was 2.91 which ended on 31st of December 2018, which according to the previous close, that is a PE of 11.95. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.79. The trailing twelve month EPS is 2.91, which comes to a trailing twelve month PE of 11.58. Historically, the PE high was 22.80 and the PE low was 11.58. SASR stock has set a new PE low record!

Below was the last reported quarterly earnings per share:
12-31-2018:  0.67
09-30-2018:  0.76
06-30-2018:  0.68
03-31-2018:  0.80

The dividend per share is currently 1.12, which is a dividend yield of 3.32%. Also, the payout ratio is 38.49%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 34.85, which means it might be undervalued and has a margin of safety of 3.34%



The next earnings report will be: 03-26-2019

The long-term trend of the EPS is an important number as it indicates the present value of Sandy Spring Bancorp; it is typically displayed as a percentage and called the EPS growth rate, which is 7.30%.

Indicators Also to Watch:

Based on the latest filings, there is 99.20% of institutional ownership.

I calculated the beta to be 0.78

SeekingAlpha:  Sandy Spring Stumbles On Fee-Based Income As Funding Remains A Concern

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 12.55%, return on assets is 1.50%, profit margin is 26.45%, price-to-sales is 3.08 and price-to-book is 1.11.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 3  : Valuation Result
 4  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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