Somewhat Favorable News Coverage Somewhat Unlikely to Impact Malvern Bancorp (NASDAQ:MLVF) Stock Price
News coverage about Malvern Bancorp (NASDAQ:MLVF) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Malvern Bancorp earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media stories about the savings and loans company an impact score of 46.993098686898 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Malvern Bancorp (NASDAQ:MLVF) opened at 23.70 on Monday. The company has a 50-day moving average price of $24.42 and a 200 day moving average price of $22.24. Malvern Bancorp has a 52-week low of $15.95 and a 52-week high of $26.15. The stock has a market cap of $152.70 million and a price-to-earnings ratio of 12.36.
Malvern Bancorp (NASDAQ:MLVF) last released its quarterly earnings results on Wednesday, July 26th. The savings and loans company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.07. The firm had revenue of $7.21 million for the quarter. Malvern Bancorp had a return on equity of 6.64% and a net margin of 37.03%. On average, analysts expect that Malvern Bancorp will post $0.96 earnings per share for the current year.
Separately, Sandler O’Neill initiated coverage on Malvern Bancorp in a research report on Monday, June 19th. They issued a “hold” rating and a $24.00 price target for the company.
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