South State Corporation is part of the banking industry and is in the financial services sector. The company CEO is Robert R. Hill. South State Corp is a bank holding company. It provides retail and commercial banking services, mortgage lending services, trust and investment services and consumer loans.



Previous Intraday Performance:

The SSB shares had a previous change of -0.09% which opened at 70.55 and closed at 70.45. It moved to an intraday high of 70.75 and a low of 70.21.

Business Wire:  South State Bank to Open Two Branches in Raleigh in 2019

Historical Performance:

Over the last five trading days, SSB shares returned 1.95% and in the past 30 trading days it returned 6.79%. Over three months, it changed 9.51%. In one year it has changed -21.28% and within that year its 52-week high was 93.25 and its 52-week low was 56.55. SSB stock is 24.58% above its 52 Week Low.

Our calculations result in a 200 day moving average of 75.56 and a 50 day moving average of 66.76. Right now, SSB stock is trading -6.77% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

Business Wire:  South State Bank to Open Two Branches in Raleigh in 2019

Liquidity:

The company has a market cap of $2.5b with 35.4m shares outstanding and a float of 34.0m shares. Trading volume was 110,005 shares and has experienced an average volume of 168,660 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 South State Corporation was 5.5 which ended on 31st of December 2018, which according to the previous close, that is a PE of 14.50. Based on 3 analyst estimates, the consensus EPS for the next quarter is 1.32. The trailing twelve month EPS is 5.50, which comes to a trailing twelve month PE of 12.81. Historically, the PE high was 31.80 and the PE low was 12.81. SSB stock has set a new PE low record!

Below was the last reported quarterly earnings per share:
12-31-2018:  1.35
09-30-2018:  1.33
06-30-2018:  1.43
03-31-2018:  1.39

The dividend per share is currently 1.52, which is a dividend yield of 2.16%. Also, the payout ratio is 27.64%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 77.56, which means it might be undervalued and has a margin of safety of 9.16%



The next earnings report will be: 03-21-2019

EPS growth is an important number as it indicates the future prospects of South State Corporation; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -2.10% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 3.70% of insider ownership and 113.90% of institutional ownership.

I calculated the beta to be 1.23

SeekingAlpha:  More on Talos Energy Q4 results; shares are up ~12%

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 7.65%, return on assets is 1.23%, profit margin is 25.18%, price-to-sales is 3.51 and price-to-book is 1.05.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 2  : Valuation Result
 5  : 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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