Central Valley Community Bancorp (CVCY) Earns Coverage Optimism Score of 0.03
News stories about Central Valley Community Bancorp (NASDAQ:CVCY) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central Valley Community Bancorp earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.7705105891927 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Why Central Valley Community (CVCY) Could Beat Earnings Estimates Again (finance.yahoo.com)
- Sandler O’Neill Reiterates $25.00 Price Target for Central Valley Community Bancorp (CVCY) (americanbankingnews.com)
- Central Valley Community Bancorp to Post Q4 2017 Earnings of $0.32 Per Share, FIG Partners Forecasts (CVCY) (americanbankingnews.com)
- Central Valley Community Bancorp (CVCY) Upgraded at Zacks Investment Research (americanbankingnews.com)
A number of analysts have recently issued reports on the company. Sandler O’Neill set a $25.00 price objective on Central Valley Community Bancorp and gave the company a “buy” rating in a research report on Thursday. Zacks Investment Research upgraded Central Valley Community Bancorp from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective on the stock in a research report on Monday, January 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Central Valley Community Bancorp presently has a consensus rating of “Buy” and an average price target of $24.00.
Shares of Central Valley Community Bancorp (NASDAQ:CVCY) traded up $0.31 during trading hours on Monday, reaching $20.19. The company’s stock had a trading volume of 16,600 shares, compared to its average volume of 23,800. Central Valley Community Bancorp has a 52-week low of $17.62 and a 52-week high of $23.94. The company has a market capitalization of $274.21, a PE ratio of 15.30, a price-to-earnings-growth ratio of 1.80 and a beta of 0.24. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.
Central Valley Community Bancorp (NASDAQ:CVCY) last announced its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. Central Valley Community Bancorp had a return on equity of 9.41% and a net margin of 24.80%. The firm had revenue of $16.13 million for the quarter, compared to analysts’ expectations of $16.60 million. equities research analysts forecast that Central Valley Community Bancorp will post 1.18 earnings per share for the current fiscal year.
Central Valley Community Bancorp Company Profile
Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.
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