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ABCB
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$40.84
Change
+$0.66 (+1.64%)
Capitalization
2.84B

ABCB Price Prediction, Ameris Bancorp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

Momentum Indicator for ABCB turns positive, indicating new upward trend

ABCB saw its Momentum Indicator move above the 0 level on July 01, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In 64 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ABCB's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where ABCB's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ABCB advanced for three days, in of 284 cases, the price rose further within the following month. The odds of a continued upward trend are .

ABCB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 238 cases where ABCB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ABCB turned negative on June 09, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

ABCB moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ABCB crossed bearishly below the 50-day moving average on June 21, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABCB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.943) is normal, around the industry mean (2.353). P/E Ratio (8.547) is within average values for comparable stocks, (29.176). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.499). Dividend Yield (0.015) settles around the average of (0.037) among similar stocks. P/S Ratio (2.949) is also within normal values, averaging (3.079).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ABCB’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ABCB’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

ABCB is expected to report earnings to rise 9.26% to $1.18 per share on July 22

Ameris Bancorp ABCB Stock Earnings Reports
Q2'22
Est.
$1.18
Q1'22
Beat
by $0.02
Q4'21
Est.
$1.17
Q3'21
Beat
by $0.02
Q2'21
Beat
by $0.05
The last earnings report on April 26 showed earnings per share of $1.08, beating the estimate of $1.06. With 454.60K shares outstanding, the current market capitalization sits at 2.84B.
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A.I.Advisor
published Dividends

ABCB is expected to pay dividends on July 08, 2022

Ameris Bancorp ABCB Stock Dividends
A dividend of $0.15 per share will be paid with a record date of July 08, 2022, and an ex-dividend date of June 29, 2022. The last dividend of $0.15 was paid on April 08. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), Itau Unibanco Holding SA (NYSE:ITUB), Banco Bradesco SA (NYSE:BBD), Deutsche Bank Aktiengesellschaft (NYSE:DB), Regions Financial Corp (NYSE:RF), Huntington Bancshares (NASDAQ:HBAN), KeyCorp (NYSE:KEY), Veritex Holdings (NASDAQ:VBTX).

Industry description

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

Market Cap

The average market capitalization across the Regional Banks Industry is 4.75B. The market cap for tickers in the group ranges from 10.73K to 158.09B. CIHKY holds the highest valuation in this group at 158.09B. The lowest valued company is ACBCQ at 10.73K.

High and low price notable news

The average weekly price growth across all stocks in the Regional Banks Industry was -0%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -4%. FSTF experienced the highest price growth at 187%, while UNPA experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was 145%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 49
Price Growth Rating: 53
SMR Rating: 48
Profit Risk Rating: 76
Seasonality Score: -7 (-100 ... +100)
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published General Information

General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
3490 Piedmont Road N.E.
Phone
+1 404 639-6500
Employees
2865
Web
https://www.amerisbank.com

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ABCB and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ABCB has been closely correlated with FFBC. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if ABCB jumps, then FFBC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABCB
1D Price
Change %
ABCB100%
+1.64%
FFBC - ABCB
86%
Closely correlated
+1.96%
PPBI - ABCB
85%
Closely correlated
+3.35%
BANR - ABCB
85%
Closely correlated
+3.20%
FNB - ABCB
84%
Closely correlated
+1.66%
VLY - ABCB
84%
Closely correlated
+1.73%
More