Headlines about Heritage Commerce (NASDAQ:HTBK) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Heritage Commerce earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.2562875874932 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the media stories that may have effected Accern’s analysis:

A number of equities analysts recently commented on the stock. Zacks Investment Research cut shares of Heritage Commerce from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. BidaskClub upgraded shares of Heritage Commerce from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. Brean Capital set a $18.00 target price on shares of Heritage Commerce and gave the stock a “buy” rating in a research report on Friday, January 12th. Finally, ValuEngine cut shares of Heritage Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $16.67.

Heritage Commerce (NASDAQ:HTBK) opened at $16.50 on Wednesday. Heritage Commerce has a 52-week low of $12.76 and a 52-week high of $16.80. The stock has a market cap of $630.28, a PE ratio of 21.43, a price-to-earnings-growth ratio of 1.82 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.77 and a quick ratio of 0.76.

Heritage Commerce (NASDAQ:HTBK) last released its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. Heritage Commerce had a net margin of 26.40% and a return on equity of 11.15%. The firm had revenue of $28.78 million for the quarter, compared to analysts’ expectations of $28.70 million. equities research analysts expect that Heritage Commerce will post 0.81 EPS for the current fiscal year.

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About Heritage Commerce

Heritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees.

Insider Buying and Selling by Quarter for Heritage Commerce (NASDAQ:HTBK)

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