Great Western Bancorp (NYSE:GWB) Receives News Sentiment Score of 0.14
News articles about Great Western Bancorp (NYSE:GWB) have trended somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. 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. Great Western Bancorp earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.296795379173 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Great Western Bancorp stock traded up $0.62 during mid-day trading on Friday, hitting $43.06. 152,517 shares of the stock were exchanged, compared to its average volume of 172,357. Great Western Bancorp has a twelve month low of $35.82 and a twelve month high of $46.03. The stock has a market capitalization of $2.52 billion, a P/E ratio of 15.09, a P/E/G ratio of 1.18 and a beta of 1.52. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.99 and a quick ratio of 0.99.
Great Western Bancorp (NYSE:GWB) last released its earnings results on Thursday, July 26th. The bank reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.04. Great Western Bancorp had a net margin of 28.45% and a return on equity of 9.36%. The business had revenue of $123.61 million for the quarter, compared to analysts’ expectations of $121.23 million. During the same period last year, the company earned $0.59 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. analysts forecast that Great Western Bancorp will post 3.01 EPS for the current year.
Several research firms have commented on GWB. Zacks Investment Research upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Wednesday, August 29th. ValuEngine upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Finally, B. Riley upped their price target on shares of Great Western Bancorp from $44.00 to $46.00 and gave the company a “neutral” rating in a research report on Tuesday, June 19th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $46.44.
In other news, insider Kenneth James Karels sold 4,700 shares of Great Western Bancorp stock in a transaction that occurred on Thursday, September 6th. The shares were sold at an average price of $44.00, for a total transaction of $206,800.00. Following the sale, the insider now owns 29,973 shares in the company, valued at $1,318,812. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.33% of the company’s stock.
Great Western Bancorp Company Profile
Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agribusiness banking, retail banking, and wealth management services. The company offers non-interest-bearing demand accounts, interest-bearing savings and money market accounts, individual retirement accounts, and time certificates of deposits, as well as NOW accounts.
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