Oceanfirst Financial Corp Stock Buy Hold or Sell Recommendation
| OCFC Stock | USD 20.14 0.16 0.80% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding OceanFirst Financial Corp is 'Buy'. Macroaxis provides OceanFirst Financial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCFC positions.
Check out OceanFirst Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as OceanFirst and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards OceanFirst Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
OceanFirst |
Execute OceanFirst Financial Buy or Sell Advice
The OceanFirst recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on OceanFirst Financial Corp. Macroaxis does not own or have any residual interests in OceanFirst Financial Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute OceanFirst Financial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
OceanFirst Financial Trading Alerts and Improvement Suggestions
| OceanFirst Financial has a poor financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 OceanFirst Financial paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 1500 shares by Murphy Joseph M. Jr. of OceanFirst Financial at 20.03 subject to Rule 16b-3 |
OceanFirst Financial Returns Distribution Density
The distribution of OceanFirst Financial's historical returns is an attempt to chart the uncertainty of OceanFirst Financial's future price movements. The chart of the probability distribution of OceanFirst Financial daily returns describes the distribution of returns around its average expected value. We use OceanFirst Financial Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of OceanFirst Financial returns is essential to provide solid investment advice for OceanFirst Financial.
| Mean Return | 0.37 | Value At Risk | -3.69 | Potential Upside | 4.29 | Standard Deviation | 2.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of OceanFirst Financial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
OceanFirst Stock Institutional Investors
| Shares | Jpmorgan Chase & Co | 2024-06-30 | 1.1 M | Systematic Financial Management Lp | 2024-06-30 | 828 K | Hotchkis & Wiley Capital Management Llc | 2024-06-30 | 813.3 K | Aqr Capital Management Llc | 2024-06-30 | 807.3 K | Endeavour Capital Advisors Inc | 2024-09-30 | 800.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 768.6 K | Royce & Associates, Lp | 2024-09-30 | 733.4 K | Ameriprise Financial Inc | 2024-06-30 | 678.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 628 K | Blackrock Inc | 2024-06-30 | 8.3 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
OceanFirst Financial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 10.9M | 1.2B | (1.1B) | (56.8M) | (14.3M) | (13.6M) | |
| Free Cash Flow | 95.2M | 117.9M | 117.9M | 229.6M | 120.6M | 126.6M | |
| Depreciation | 12.4M | 14.7M | 14.9M | 16.5M | 15.7M | 8.0M | |
| Other Non Cash Items | (508K) | (21.8M) | 30.2M | (4.1M) | 10.8M | 11.3M | |
| Capital Expenditures | 5.1M | 14.7M | 42.0M | 20.9M | 7.7M | 8.3M | |
| Net Income | 88.6M | 63.3M | 110.1M | 147.4M | 104.0M | 109.2M | |
| End Period Cash Flow | 133.2M | 1.3B | 224.8M | 168.0M | 153.7M | 118.9M | |
| Dividends Paid | 34.2M | 42.9M | 44.5M | 47.5M | 51.3M | 53.8M | |
| Investments | (191.2M) | (213.2M) | (584.7M) | (122.4M) | (557.7M) | (529.8M) | |
| Net Borrowings | 79.1M | (427.1M) | (17.3M) | 1.1B | 1.3B | 1.4B | |
| Change To Netincome | 11.7M | 69.3M | 39.3M | 103.1M | 118.6M | 124.5M |
OceanFirst Financial Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to OceanFirst Financial or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that OceanFirst Financial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a OceanFirst stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 2.83 | |
σ | Overall volatility | 2.90 | |
Ir | Information ratio | 0.09 |
OceanFirst Financial Volatility Alert
OceanFirst Financial Corp has relatively low volatility with skewness of 2.96 and kurtosis of 16.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure OceanFirst Financial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact OceanFirst Financial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.OceanFirst Financial Fundamentals Vs Peers
Comparing OceanFirst Financial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze OceanFirst Financial's direct or indirect competition across all of the common fundamentals between OceanFirst Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as OceanFirst Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of OceanFirst Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing OceanFirst Financial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare OceanFirst Financial to competition |
| Fundamentals | OceanFirst Financial | Peer Average |
| Return On Equity | 0.0636 | -0.31 |
| Return On Asset | 0.0079 | -0.14 |
| Profit Margin | 0.28 % | (1.27) % |
| Operating Margin | 0.39 % | (5.51) % |
| Current Valuation | 2.37 B | 16.62 B |
| Shares Outstanding | 58.46 M | 571.82 M |
| Shares Owned By Insiders | 3.20 % | 10.09 % |
| Shares Owned By Institutions | 73.75 % | 39.21 % |
| Number Of Shares Shorted | 421.94 K | 4.71 M |
| Price To Earning | 18.35 X | 28.72 X |
| Price To Book | 0.69 X | 9.51 X |
| Price To Sales | 3.07 X | 11.42 X |
| Revenue | 385.68 M | 9.43 B |
| Gross Profit | 428.8 M | 27.38 B |
| EBITDA | (19.29 M) | 3.9 B |
| Net Income | 104.03 M | 570.98 M |
| Cash And Equivalents | 170.67 M | 2.7 B |
| Cash Per Share | 2.89 X | 5.01 X |
| Total Debt | 1.14 B | 5.32 B |
| Debt To Equity | 9.88 % | 48.70 % |
| Book Value Per Share | 29.10 X | 1.93 K |
| Cash Flow From Operations | 124.26 M | 971.22 M |
| Short Ratio | 1.82 X | 4.00 X |
| Earnings Per Share | 1.75 X | 3.12 X |
| Price To Earnings To Growth | 1.84 X | 4.89 X |
| Target Price | 21.21 | |
| Number Of Employees | 878 | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 1.17 B | 19.03 B |
| Total Asset | 13.54 B | 29.47 B |
| Retained Earnings | 592.54 M | 9.33 B |
| Annual Yield | 0.04 % | |
| Five Year Return | 3.07 % |
Note: Disposition of 1500 shares by Murphy Joseph M. Jr. of OceanFirst Financial at 20.03 subject to Rule 16b-3 [view details]
OceanFirst Financial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OceanFirst . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About OceanFirst Financial Buy or Sell Advice
When is the right time to buy or sell OceanFirst Financial Corp? Buying financial instruments such as OceanFirst Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out OceanFirst Financial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.258 | Dividend Share 0.8 | Earnings Share 1.75 | Revenue Per Share 6.515 | Quarterly Revenue Growth 0.054 |
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.