Choiceone Financial Services Stock Analysis
| COFS Stock | USD 30.82 0.69 2.19% |
ChoiceOne Financial Services is overvalued with Real Value of 24.43 and Target Price of 24.0. The main objective of ChoiceOne Financial stock analysis is to determine its intrinsic value, which is an estimate of what ChoiceOne Financial Services is worth, separate from its market price. There are two main types of ChoiceOne Financial's stock analysis: fundamental analysis and technical analysis.
The ChoiceOne Financial stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ChoiceOne Financial is usually not traded on Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. ChoiceOne Stock trading window is adjusted to America/New York timezone.
ChoiceOne |
ChoiceOne Stock Analysis Notes
About 19.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. ChoiceOne Financial last dividend was issued on the 13th of September 2024. The entity had 105:100 split on the 9th of May 2018. ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan. Choiceone Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 383 people. For more info on ChoiceOne Financial Services please contact Kelly CFP at 616 887 7366 or go to https://www.choiceone.bank.ChoiceOne Financial Quarterly Total Revenue |
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ChoiceOne Financial Investment Alerts
| ChoiceOne Financial had very high historical volatility over the last 90 days | |
| Latest headline from thelincolnianonline.com: ChoiceOne Financial Services, Inc. Sees Large Increase in Short Interest |
ChoiceOne Financial Upcoming and Recent Events
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
ChoiceOne Largest EPS Surprises
Earnings surprises can significantly impact ChoiceOne Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-07-25 | 2024-06-30 | 0.76 | 0.87 | 0.11 | 14 | ||
2024-04-24 | 2024-03-31 | 0.59 | 0.74 | 0.15 | 25 |
ChoiceOne Financial Environmental, Social, and Governance (ESG) Scores
ChoiceOne Financial's ESG score is a quantitative measure that evaluates ChoiceOne Financial's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ChoiceOne Financial's operations that may have significant financial implications and affect ChoiceOne Financial's stock price as well as guide investors towards more socially responsible investments.
ChoiceOne Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 21.7 K | Renaissance Technologies Corp | 2024-06-30 | 19 K | Charles Schwab Investment Management Inc | 2024-06-30 | 18.5 K | Citadel Advisors Llc | 2024-06-30 | 17.6 K | Hightower Advisors, Llc | 2024-06-30 | 17.4 K | Lpl Financial Corp | 2024-06-30 | 17.3 K | Nuveen Asset Management, Llc | 2024-06-30 | 14.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 13.3 K | Dimensional Fund Advisors, Inc. | 2024-06-30 | 11.4 K | Blackrock Inc | 2024-06-30 | 399.5 K | Vanguard Group Inc | 2024-06-30 | 350.4 K |
ChoiceOne Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 276.07 M.ChoiceOne Profitablity
The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.39 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.39.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.09 |
Management Efficiency
At this time, ChoiceOne Financial's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0). At this time, ChoiceOne Financial's Return On Assets are comparatively stable compared to the past year. ChoiceOne Financial's management efficiency ratios could be used to measure how well ChoiceOne Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 25.97 | 24.67 | |
| Tangible Book Value Per Share | 17.77 | 16.88 | |
| Enterprise Value Over EBITDA | 420.42 | 441.44 | |
| Price Book Value Ratio | 1.13 | 1.35 | |
| Enterprise Value Multiple | 420.42 | 441.44 | |
| Price Fair Value | 1.13 | 1.35 | |
| Enterprise Value | 361.3 M | 379.4 M |
The analysis of ChoiceOne Financial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ChoiceOne Financial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ChoiceOne Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0343 | Operating Margin 0.3905 | Profit Margin 0.2723 | Forward Dividend Yield 0.0343 | Beta 0.643 |
Technical Drivers
As of the 25th of September, ChoiceOne Financial shows the Downside Deviation of 4.46, risk adjusted performance of 0.0756, and Mean Deviation of 2.44. ChoiceOne Financial technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm ChoiceOne Financial coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if ChoiceOne Financial is priced correctly, providing market reflects its regular price of 30.82 per share. Given that ChoiceOne Financial has jensen alpha of 0.1864, we suggest you to validate ChoiceOne Financial Services's prevailing market performance to make sure the company can sustain itself at a future point.ChoiceOne Financial Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ChoiceOne Financial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ChoiceOne Financial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ChoiceOne Financial Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ChoiceOne Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on ChoiceOne Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ChoiceOne Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ChoiceOne Financial Outstanding Bonds
ChoiceOne Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ChoiceOne Financial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ChoiceOne bonds can be classified according to their maturity, which is the date when ChoiceOne Financial Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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ChoiceOne Financial Predictive Daily Indicators
ChoiceOne Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ChoiceOne Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 897.29 | |||
| Daily Balance Of Power | (0.74) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 31.24 | |||
| Day Typical Price | 31.1 | |||
| Price Action Indicator | (0.76) | |||
| Period Momentum Indicator | (0.69) |
ChoiceOne Financial Corporate Filings
| 17th of September 2024 Other Reports | ViewVerify | |
10Q | 14th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 13th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 29th of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 26th of July 2024 Other Reports | ViewVerify | |
8K | 25th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ChoiceOne Financial Forecast Models
ChoiceOne Financial's time-series forecasting models are one of many ChoiceOne Financial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ChoiceOne Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ChoiceOne Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ChoiceOne Financial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ChoiceOne shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ChoiceOne Financial. By using and applying ChoiceOne Stock analysis, traders can create a robust methodology for identifying ChoiceOne entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.22 | 0.21 | |
| Operating Profit Margin | (0.02) | (0.02) | |
| Net Profit Margin | 0.19 | 0.18 |
Current ChoiceOne Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ChoiceOne analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ChoiceOne analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 24.0 | Hold | 1 | Odds |
Most ChoiceOne analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ChoiceOne stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ChoiceOne Financial, talking to its executives and customers, or listening to ChoiceOne conference calls.
ChoiceOne Stock Analysis Indicators
ChoiceOne Financial Services stock analysis indicators help investors evaluate how ChoiceOne Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ChoiceOne Financial shares will generate the highest return on investment. By understating and applying ChoiceOne Financial stock analysis, traders can identify ChoiceOne Financial position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 43.9 M | |
| Long Term Debt | 205.5 M | |
| Common Stock Shares Outstanding | 7.6 M | |
| Total Stockholder Equity | 195.6 M | |
| Tax Provision | 4.3 M | |
| Quarterly Earnings Growth Y O Y | 0.261 | |
| Property Plant And Equipment Net | 29.8 M | |
| Cash And Short Term Investments | -55.4 M | |
| Cash | 55.4 M | |
| Net Debt | 180.8 M | |
| 50 Day M A | 28.836 | |
| Total Current Liabilities | 2 B | |
| Other Operating Expenses | 88.6 M | |
| Non Current Assets Total | 2.5 B | |
| Forward Price Earnings | 7.722 | |
| Non Currrent Assets Other | 2.4 B | |
| Stock Based Compensation | 1 M |
Additional Tools for ChoiceOne Stock Analysis
When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.