Somewhat Positive Press Coverage Somewhat Unlikely to Affect First Business Financial Services (FBIZ) Stock Price
Media coverage about First Business Financial Services (NASDAQ:FBIZ) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Business Financial Services earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.8998933598144 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
First Business Financial Services (NASDAQ:FBIZ) traded up $0.24 during mid-day trading on Wednesday, reaching $23.76. The company’s stock had a trading volume of 327 shares, compared to its average volume of 15,668. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.07. The firm has a market cap of $205.94, a price-to-earnings ratio of 17.34, a P/E/G ratio of 1.57 and a beta of 1.01. First Business Financial Services has a 52 week low of $20.57 and a 52 week high of $28.43.
First Business Financial Services (NASDAQ:FBIZ) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.06. The company had revenue of $18.88 million for the quarter, compared to analyst estimates of $19.69 million. First Business Financial Services had a return on equity of 7.17% and a net margin of 12.87%. equities analysts anticipate that First Business Financial Services will post 1.87 earnings per share for the current fiscal year.
FBIZ has been the topic of several research reports. TheStreet raised First Business Financial Services from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. ValuEngine raised First Business Financial Services from a “hold” rating to a “buy” rating in a research report on Tuesday, October 31st. Zacks Investment Research raised First Business Financial Services from a “strong sell” rating to a “hold” rating and set a $25.00 price target on the stock in a research report on Monday, January 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of First Business Financial Services in a research report on Wednesday, November 1st.
In other First Business Financial Services news, insider Daniel Ovokaitys sold 1,077 shares of the stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $24.18, for a total value of $26,041.86. The transaction was disclosed in a document filed with the SEC, which is available at this link. 6.60% of the stock is owned by company insiders.
First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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