Peoples Bancorp (PEBO) Getting Somewhat Favorable Media Coverage, Report Finds
News articles about Peoples Bancorp (NASDAQ:PEBO) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Peoples Bancorp earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.1837270429484 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Peoples Bancorp (NASDAQ PEBO) traded up 0.99% during trading on Wednesday, reaching $33.74. The company’s stock had a trading volume of 19,747 shares. Peoples Bancorp has a 52 week low of $24.16 and a 52 week high of $35.43. The company has a market cap of $607.86 million, a PE ratio of 18.24 and a beta of 0.78. The stock’s 50 day moving average price is $32.40 and its 200 day moving average price is $32.11.
Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, July 25th. The bank reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. The business had revenue of $41.68 million for the quarter, compared to analyst estimates of $40.81 million. Peoples Bancorp had a return on equity of 7.63% and a net margin of 19.67%. Equities research analysts predict that Peoples Bancorp will post $2.03 EPS for the current year.
Several equities analysts have commented on PEBO shares. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 price target on shares of Peoples Bancorp in a report on Tuesday, October 3rd. Zacks Investment Research downgraded Peoples Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 27th. Boenning Scattergood reiterated a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, July 26th. Finally, BidaskClub downgraded Peoples Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Peoples Bancorp currently has an average rating of “Hold” and a consensus price target of $35.00.
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In related news, Director S Craig Beam sold 975 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $34.00, for a total transaction of $33,150.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 12,987 shares of company stock worth $436,142 over the last three months. 3.04% of the stock is owned by insiders.
Peoples Bancorp Company Profile
Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.
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