Somewhat Positive Press Coverage Somewhat Unlikely to Impact Entegra Financial Corp. (ENFC) Share Price
News articles about Entegra Financial Corp. (NASDAQ:ENFC) have trended somewhat positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Entegra Financial Corp. earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.823522719319 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, Hovde Group increased their target price on shares of Entegra Financial Corp. from $27.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Entegra Financial Corp. has an average rating of “Buy” and a consensus target price of $29.50.
Entegra Financial Corp. (NASDAQ:ENFC) traded up $0.45 on Monday, reaching $27.90. 17,732 shares of the company’s stock were exchanged, compared to its average volume of 15,689. The stock has a market cap of $177.29, a price-to-earnings ratio of 18.93 and a beta of 0.36. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70.
Entegra Financial Corp. (NASDAQ:ENFC) last announced its quarterly earnings data on Thursday, October 19th. The bank reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $12.34 million during the quarter, compared to the consensus estimate of $12.86 million. Entegra Financial Corp. had a return on equity of 6.96% and a net margin of 16.06%. research analysts anticipate that Entegra Financial Corp. will post 1.38 earnings per share for the current year.
In other Entegra Financial Corp. news, insider Roger Plemens bought 3,672 shares of the stock in a transaction on Wednesday, November 1st. The shares were purchased at an average cost of $27.20 per share, with a total value of $99,878.40. Following the completion of the transaction, the insider now directly owns 24,022 shares of the company’s stock, valued at approximately $653,398.40. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.90% of the company’s stock.
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Entegra Financial Corp. Company Profile
Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina.
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