Somewhat Favorable News Coverage Somewhat Unlikely to Impact United Financial Bancorp (UBNK) Share Price
Press coverage about United Financial Bancorp (NASDAQ:UBNK) has been trending somewhat positive on Thursday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Financial Bancorp earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.3054658024153 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.
Shares of United Financial Bancorp (NASDAQ:UBNK) opened at $17.80 on Thursday. The company has a market capitalization of $904.10, a P/E ratio of 15.21 and a beta of 0.72. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 1.03. 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 quarterly earnings results on Tuesday, October 17th. The bank reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.01. The business had revenue of $54.84 million for the quarter, compared to analyst estimates of $56.29 million. United Financial Bancorp had a return on equity of 8.87% and a net margin of 22.67%. During the same quarter in the previous year, the company earned $0.28 EPS. research analysts expect that United Financial Bancorp will post 1.16 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on the company. BidaskClub lowered United Financial Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $21.00 price target 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 that occurred on Tuesday, November 28th. The stock was sold at an average price of $18.41, for a total value of $119,665.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Brandon Craig Lorey sold 20,000 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $18.26, for a total value of $365,200.00. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by corporate insiders.
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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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