Somewhat Positive News Coverage Somewhat Unlikely to Impact Veritex (VBTX) Share Price
News articles about Veritex (NASDAQ:VBTX) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Veritex earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 47.0297802297995 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Veritex (VBTX) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- Veritex (VBTX) and FS Bancorp (FSBW) Head to Head Review (americanbankingnews.com)
- Veritex Holdings Inc (VBTX) Shares Bought by King Luther Capital Management Corp (americanbankingnews.com)
- Veritex Holdings, inc. Amends Previously Reported Earnings for the Fourth Quarter and Year-Ended December 31, 2017 and Earnings Presentation (finance.yahoo.com)
Veritex (NASDAQ:VBTX) opened at $28.08 on Friday. Veritex has a 12-month low of $23.84 and a 12-month high of $29.39. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $673.63, a PE ratio of 32.28, a price-to-earnings-growth ratio of 1.50 and a beta of 1.50.
A number of research analysts recently commented on VBTX shares. Zacks Investment Research upgraded Veritex from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Wednesday, February 14th. BidaskClub upgraded Veritex from a “sell” rating to a “hold” rating in a research report on Friday. Keefe, Bruyette & Woods initiated coverage on Veritex in a research report on Tuesday, January 16th. They issued an “outperform” rating and a $33.00 target price on the stock. Finally, Piper Jaffray Companies upgraded Veritex from a “neutral” rating to an “overweight” rating in a research report on Thursday, February 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Veritex presently has a consensus rating of “Buy” and a consensus price target of $31.90.
In other Veritex news, insider Michael Clayton Riebe bought 1,775 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were purchased at an average price of $28.38 per share, for a total transaction of $50,374.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman William C. Murphy sold 55,690 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $28.93, for a total value of $1,611,111.70. Following the sale, the insider now owns 37,111 shares in the company, valued at $1,073,621.23. The disclosure for this sale can be found here. Insiders own 6.90% of the company’s stock.
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Veritex Company Profile
Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.
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