Central Valley Community Bancorp (CVCY) Trading Up 3.5%
Central Valley Community Bancorp (NASDAQ:CVCY) was up 3.5% on Monday . The company traded as high as $16.31 and last traded at $15.52, with a volume of 83,350 shares trading hands. The stock had previously closed at $14.99.
A number of equities research analysts have weighed in on CVCY shares. Zacks Investment Research upgraded shares of Central Valley Community Bancorp from a “hold” rating to a “strong-buy” rating and set a $13.00 target price for the company in a research note on Friday, April 22nd. Sandler O’Neill upgraded shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, April 21st. Finally, Keefe, Bruyette & Woods upgraded shares of Central Valley Community Bancorp from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $12.50 to $13.00 in a research note on Thursday, April 21st.
The company has a market capitalization of $171.15 million and a PE ratio of 11.42. The company has a 50 day moving average of $13.83 and a 200-day moving average of $12.39.
Central Valley Community Bancorp (NASDAQ:CVCY) last released its earnings results on Wednesday, July 20th. The financial services provider reported $0.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.17. Equities research analysts anticipate that Central Valley Community Bancorp will post $1.25 earnings per share for the current fiscal year.
Central Valley Community Bancorp is a bank holding company, which operates through its wholly owned subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. The Company serves seven contiguous counties in California’s central valley including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and their surrounding areas through the Bank.
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