Somewhat Positive Media Coverage Somewhat Unlikely to Impact Peoples Bancorp (PEBO) Stock Price
News headlines about Peoples Bancorp (NASDAQ:PEBO) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Peoples Bancorp earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 46.623998871117 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of research firms have recently weighed in on PEBO. Zacks Investment Research upgraded Peoples Bancorp from a “hold” rating to a “strong-buy” rating and set a $38.00 target price for the company in a research report on Friday, July 28th. Boenning Scattergood reiterated a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, July 26th. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Peoples Bancorp in a report on Tuesday, July 25th. Finally, BidaskClub cut Peoples Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Peoples Bancorp has a consensus rating of “Hold” and a consensus target price of $35.00.
Shares of Peoples Bancorp (NASDAQ PEBO) traded down $0.01 on Friday, reaching $32.73. The company’s stock had a trading volume of 15,708 shares, compared to its average volume of 37,930. Peoples Bancorp has a fifty-two week low of $27.70 and a fifty-two week high of $35.43. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.43. The firm has a market cap of $598.34, a PE ratio of 16.71, a PEG ratio of 1.93 and a beta of 0.73.
Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings results on Tuesday, October 24th. The bank reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $41.83 million during the quarter, compared to analysts’ expectations of $41.96 million. Peoples Bancorp had a return on equity of 7.99% and a net margin of 21.10%. equities analysts forecast that Peoples Bancorp will post 2.11 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were paid a $0.22 dividend. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.69%. Peoples Bancorp’s payout ratio is 43.56%.
In other news, Director S Craig Beam sold 7,939 shares of the stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $33.77, for a total value of $268,100.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders sold 12,895 shares of company stock valued at $433,159. Insiders own 3.04% of the company’s stock.
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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