Somewhat Positive News Coverage Somewhat Unlikely to Impact People’s Utah Bancorp (PUB) Stock Price
News stories about People’s Utah Bancorp (NASDAQ:PUB) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. People’s Utah Bancorp earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.5342634679321 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
PUB has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of People’s Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, April 4th. ValuEngine upgraded shares of People’s Utah Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. TheStreet upgraded shares of People’s Utah Bancorp from a “c” rating to a “b-” rating in a research report on Monday, June 12th. Finally, BidaskClub upgraded shares of People’s Utah Bancorp from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. People’s Utah Bancorp has a consensus rating of “Hold” and a consensus price target of $26.00.
Shares of People’s Utah Bancorp (NASDAQ PUB) traded up 0.37% during trading on Wednesday, reaching $27.00. 13,473 shares of the company’s stock traded hands. The company’s 50-day moving average is $26.82 and its 200 day moving average is $26.15. The company has a market cap of $484.06 million, a price-to-earnings ratio of 19.71 and a beta of 0.97. People’s Utah Bancorp has a 52-week low of $17.61 and a 52-week high of $29.35.
People’s Utah Bancorp (NASDAQ:PUB) last issued its earnings results on Wednesday, April 26th. The bank reported $0.36 EPS for the quarter, topping the consensus estimate of $0.32 by $0.04. The company had revenue of $21.92 million for the quarter, compared to the consensus estimate of $22.30 million. People’s Utah Bancorp had a net margin of 27.32% and a return on equity of 10.96%. Equities analysts forecast that People’s Utah Bancorp will post $1.42 EPS for the current year.
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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.
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