Play it Safe with Simmons First National Stock as Shares Rally

Year-over-year, SFNC is up more than 73%

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The shares of Simmons First National Corporation (NASDAQ:SFNC) are in focus lately. Last month, the financial concern established a new organizational structure with two separate banking divisions, and promoted Freddie Black to chief community banking officer, while Chad Rawls was promoted to chief metro banking officer.

Digging deeper, the equity has been struggling with overhead pressure at the $31 mark since cooling off from a March 12, five-year high of $33.43. However, the 80-day moving average seems to have contained the stock's latest pullback. Year-over-year, SFNC is up 73.9%.

SFNC 80 Day

From a fundamental perspective, Simmons First National stock seems to check off all the important boxes, as is expected of a financial institution. The only detail that could perhaps be used against it is the $1.7 billion worth of debt on its balance sheet. This is not as much of an issue, though, as the company also has around $3.9 billion in cash.

What's more, Simmons First National has managed to grow revenues by roughly 80% between 2017 and 2020. It also increased its net income by 174% during the same time period. Overall, the equity is a fairly safe bet for long-term investors looking for modest gains on valuation and dividends.


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