Stock Price Prediction

STBA Stock Price Prediction and Recommendation

Based on the analysis of news sentiment, technical indicators, and recent financial performance, here is the prediction and recommendation for S&T Bancorp (STBA) stock:

News Sentiment and Fundamental Analysis:

• Earnings Report: S&T Bancorp reported a Q4 GAAP EPS of $0.86, exceeding expectations by $0.09, with total revenue of $94.4 million. Despite this, the stock fell by 2.08% in after-hours trading.
• Insider Buying: Director Bhaskar Ramachandran recently purchased 764 shares, indicating confidence in the company's value and potential growth.
• Financial Performance: The company reported a net income of $33 million for Q4 2024, with strong return metrics and significant deposit growth. Management expressed confidence in the bank's strategic positioning and projected mid to high single-digit loan growth for 2025.

Technical Analysis:

• Current Price: $37.8 (as of March 27, 2025).
• RSI: 50.10 (neutral).
• MACD: -0.43 (slightly bearish).
• Fibonacci Levels: Pivot at $37.52, with resistance at $38.40 and $38.95, and support at $36.65 and $36.10.

Price Prediction:

Based on the analysis, the stock is expected to move towards the first resistance level of $38.40 in the next trading week.

Recommendation:

Buy S&T Bancorp (STBA) stock with a target price of $38.40. The positive earnings report, insider buying, and strong financial outlook suggest upward momentum, despite the slight bearish MACD signal.