People’s Utah Bancorp (PUB) Given News Sentiment Rating of 0.18
News stories about People’s Utah Bancorp (NASDAQ:PUB) have been trending somewhat positive on Saturday, according to Alpha One. Alpha One, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. People’s Utah Bancorp earned a news impact score of 0.18 on Alpha One’s scale. Alpha One also gave media headlines about the bank an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
A number of brokerages have recently weighed in on PUB. ValuEngine raised shares of People’s Utah Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. TheStreet raised shares of People’s Utah Bancorp from a “c” rating to a “b-” rating in a report on Monday, June 12th. Finally, Zacks Investment Research raised shares of People’s Utah Bancorp from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a report on Saturday, April 29th.
Shares of People’s Utah Bancorp (NASDAQ PUB) traded down 1.67% during mid-day trading on Friday, hitting $26.45. 71,832 shares of the stock were exchanged. The stock has a market capitalization of $474.20 million, a price-to-earnings ratio of 19.31 and a beta of 0.97. People’s Utah Bancorp has a 52 week low of $16.17 and a 52 week high of $29.35. The stock’s 50-day moving average is $26.15 and its 200-day moving average is $25.91.
People’s Utah Bancorp (NASDAQ:PUB) last released its quarterly earnings data on Wednesday, April 26th. The bank reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. People’s Utah Bancorp had a net margin of 27.32% and a return on equity of 10.96%. The company had revenue of $21.92 million during the quarter, compared to analyst estimates of $22.30 million. Analysts forecast that People’s Utah Bancorp will post $1.42 earnings per share for the current fiscal year.
About People’s Utah Bancorp
People’s Utah Bancorp is a bank holding company. As of December 31, 2016, the Company had 18 retail banking locations, two residential mortgage offices and other support facilities operated through its banking subsidiary, People’s Intermountain Bank (PIB or the Bank). The Company provides full-service retail banking in the state of Utah, including a range of banking and related services to locally owned businesses, professional firms, real-estate developers, residential home builders, high net-worth individuals, investors and other customers.
Receive News & Ratings for People's Utah Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for People's Utah Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.