Somewhat Positive News Coverage Somewhat Unlikely to Affect United Financial Bancorp (UBNK) Share Price
News headlines about United Financial Bancorp (NASDAQ:UBNK) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Financial Bancorp earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.752477289595 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
United Financial Bancorp (NASDAQ:UBNK) opened at $17.83 on Wednesday. The firm has a market cap of $912.27, a price-to-earnings ratio of 15.20 and a beta of 0.72. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 1.56. United Financial Bancorp has a 52 week low of $15.75 and a 52 week high of $19.35.
United Financial Bancorp (NASDAQ:UBNK) last announced its earnings results on Tuesday, October 17th. The bank reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. The business had revenue of $54.84 million during the quarter, compared to the consensus estimate of $56.29 million. United Financial Bancorp had a net margin of 22.67% and a return on equity of 8.87%. During the same period in the prior year, the firm earned $0.28 earnings per share. analysts anticipate that United Financial Bancorp will post 1.16 EPS for the current fiscal year.
Several brokerages have recently weighed in on UBNK. BidaskClub downgraded shares of United Financial Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $21.00 target price on shares of United Financial Bancorp in a research note on Tuesday, October 3rd.
In related news, CEO William Hw Iv Crawford sold 6,500 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $18.41, for a total value of $119,665.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.39% of the company’s stock.
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United Financial Bancorp Company Profile
United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.
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