Old Second Bancorp (OSBC) Given Daily News Sentiment Score of 0.25
Headlines about Old Second Bancorp (NASDAQ:OSBC) have been trending somewhat positive on Friday, AlphaOne Sentiment reports. AlphaOne, a service of Accern, scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Old Second Bancorp earned a news impact score of 0.25 on AlphaOne’s scale. AlphaOne also gave news headlines about the financial services provider an impact score of 66 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the next several days.
Old Second Bancorp (OSBC) traded down 1.64% during trading on Friday, reaching $12.00. The company had a trading volume of 136,719 shares. The stock has a market capitalization of $354.96 million, a price-to-earnings ratio of 21.05 and a beta of 1.25. Old Second Bancorp has a 1-year low of $6.48 and a 1-year high of $12.75. The firm has a 50-day moving average of $11.83 and a 200-day moving average of $11.02.
Old Second Bancorp (NASDAQ:OSBC) last issued its earnings results on Wednesday, April 26th. The financial services provider reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. The firm had revenue of $24.73 million during the quarter, compared to analysts’ expectations of $22.60 million. Old Second Bancorp had a net margin of 16.00% and a return on equity of 9.73%. On average, analysts anticipate that Old Second Bancorp will post $0.71 EPS for the current fiscal year.
A number of research firms recently weighed in on OSBC. Zacks Investment Research raised Old Second Bancorp from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Wednesday, May 3rd. ValuEngine raised Old Second Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.00 price target on shares of Old Second Bancorp in a report on Thursday, June 1st.
In other Old Second Bancorp news, CFO Bradley S. Adams bought 41,800 shares of Old Second Bancorp stock in a transaction that occurred on Thursday, June 1st. The stock was purchased at an average cost of $11.89 per share, for a total transaction of $497,002.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward Bonifas purchased 5,500 shares of Old Second Bancorp stock in a transaction that occurred on Tuesday, March 21st. The stock was purchased at an average price of $10.50 per share, with a total value of $57,750.00. The disclosure for this purchase can be found here. Insiders have purchased 61,866 shares of company stock valued at $720,145 over the last 90 days. 3.60% of the stock is currently owned by insiders.
Old Second Bancorp Company Profile
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