The stock of First Busey Corp (NASDAQ: BUSE) has increased by 1.18 when compared to last closing price of 22.86. Despite this, the company has experienced a 5.52% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-17 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in First Busey Corp (NASDAQ: BUSE) Right Now?
The price-to-earnings ratio for First Busey Corp (NASDAQ: BUSE) is above average at 11.88x. The 36-month beta value for BUSE is also noteworthy at 0.86. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for BUSE is 54.40M, and at present, short sellers hold a 3.72% of that float. The average trading volume of BUSE on January 20, 2025 was 269.31K shares.
BUSE’s Market Performance
BUSE stock saw a decrease of 5.52% in the past week, with a monthly decline of -12.22% and a quarterly a decrease of -11.14%. The volatility ratio for the week is 2.43%, and the volatility levels for the last 30 days are 3.09% for First Busey Corp (BUSE). The simple moving average for the past 20 days is -0.86% for BUSE’s stock, with a -6.61% simple moving average for the past 200 days.
Analysts’ Opinion of BUSE
Raymond James, on the other hand, stated in their research note that they expect to see BUSE reach a price target of $31. The rating they have provided for BUSE stocks is “Outperform” according to the report published on January 31st, 2022.
BUSE Trading at -8.71% from the 50-Day Moving Average
After a stumble in the market that brought BUSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.16% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -10.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.54% lower at present.
During the last 5 trading sessions, BUSE rose by +5.52%, which changed the moving average for the period of 200-days by +0.22% in comparison to the 20-day moving average, which settled at $23.33. In addition, First Busey Corp saw -1.87% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BUSE starting from Phillips Scott A., who purchase 35 shares at the price of $24.50 back on Oct 28 ’24. After this action, Phillips Scott A. now owns 3,579 shares of First Busey Corp, valued at $851 using the latest closing price.
Phillips Scott A., the Principal Accounting Officer of First Busey Corp, purchase 7 shares at $24.50 during a trade that took place back on Oct 28 ’24, which means that Phillips Scott A. is holding 6,370 shares at $166 based on the most recent closing price.
Stock Fundamentals for BUSE
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.74 for the gross margin
The net margin for First Busey Corp stands at 0.19. The total capital return value is set at 0.02. Equity return is now at value 8.59, with 0.92 for asset returns.
Based on First Busey Corp (BUSE), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 1.18.
When we switch over and look at the enterprise to sales, we see a ratio of 1.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
In summary, First Busey Corp (BUSE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
