Atlantic Capital Bancshares (ACBI) Earns Daily News Sentiment Rating of 0.31
Headlines about Atlantic Capital Bancshares (NASDAQ:ACBI) have trended positive recently, according to Alpha One Sentiment. The research group, a division of Accern, ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Atlantic Capital Bancshares earned a news sentiment score of 0.31 on Alpha One’s scale. Alpha One also assigned news articles about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Atlantic Capital Joins Rank Of Stocks With 95-Plus Composite Rating (finance.yahoo.com)
- Atlantic Capital Bank and UTC Renew Multi-Year Partnership Agreement (finance.yahoo.com)
- $0.14 EPS Expected for Atlantic Capital Bancshares Inc (ACBI) This Quarter (americanbankingnews.com)
- Atlantic Capital Bancshares (ACBI) Earns Daily News Impact Score of 0.56 (americanbankingnews.com)
- Atlantic Capital Bancshares : Russell Investments Group Ltd. Invests $1.563 Million in Atlantic Capital Bancshares Inc (ACBI) (4-traders.com)
Shares of Atlantic Capital Bancshares (NASDAQ:ACBI) opened at 18.70 on Friday. Atlantic Capital Bancshares has a 12-month low of $13.26 and a 12-month high of $20.20. The company’s 50-day moving average price is $18.54 and its 200 day moving average price is $17.60. The stock has a market cap of $477.50 million, a price-to-earnings ratio of 35.28 and a beta of 1.37.
Atlantic Capital Bancshares (NASDAQ:ACBI) last posted its quarterly earnings data on Friday, January 27th. The bank reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.07. The firm earned $23.93 million during the quarter, compared to analysts’ expectations of $24.30 million. Atlantic Capital Bancshares had a net margin of 13.02% and a return on equity of 4.32%. On average, equities analysts predict that Atlantic Capital Bancshares will post $0.71 earnings per share for the current year.
Several research firms recently weighed in on ACBI. Zacks Investment Research lowered Atlantic Capital Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, February 1st. Sandler O’Neill lowered Atlantic Capital Bancshares from a “buy” rating to a “hold” rating in a report on Monday, January 30th. Finally, FIG Partners lowered Atlantic Capital Bancshares from an “outperform” rating to a “market perform” rating in a report on Friday, January 27th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $18.00.
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In related news, insider Bankcap Equity Fund, Llc sold 179,949 shares of the business’s stock in a transaction on Thursday, February 16th. The stock was sold at an average price of $19.45, for a total value of $3,500,008.05. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.60% of the stock is currently owned by insiders.
About Atlantic Capital Bancshares
Atlantic Capital Bancshares, Inc is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a full service, locally-managed commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.
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