BFST Stock Summary and Trading Ideas (Business First Bancshares | NASDAQ:BFST)

Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates majority of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.

Business First Bancshares trades on the NASDAQ stock market under the symbol BFST.

As of April 22, 2024, BFST stock price climbed to $21.57 with 51,339 million shares trading.

BFST has a beta of 1.22, meaning it tends to be more sensitive to market movements. BFST has a correlation of 0.13 to the broad based SPY ETF.

BFST has a market cap of $546.69 million. This is considered a Small Cap stock.

Last quarter Business First Bancshares reported $60 million in Revenue and $.66 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.06.

In the last 3 years, BFST stock traded as high as $29.50 and as low as $13.05.

The top ETF exchange traded funds that BFST belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

BFST has outperformed the market in the last year with a price return of +38.7% while the SPY ETF gained +22.9%. However, in the short term, BFST had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.7% vs +3.7% return in SPY. But in the last 2 weeks, BFST shares have fared better than the market returning +2.1% compared to SPY -3.7%.

BFST support price is $20.54 and resistance is $21.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BFST stock will trade within this expected range on the day.