Press coverage about Atlantic Capital Bancshares (NASDAQ:ACBI) has been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atlantic Capital Bancshares earned a news impact score of -0.06 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Atlantic Capital Bancshares, Inc. – Value Analysis (NASDAQ:ACBI) : August 7, 2017 (finance.yahoo.com)
- An expanding Atlantic Capital adds new executive to help with holistic growth (finance.yahoo.com)
- Q2 2018 Earnings Forecast for Atlantic Capital Bancshares, Inc. Issued By FIG Partners (ACBI) (americanbankingnews.com)
- Atlantic Capital Bancshares, Inc. (ACBI) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Q4 2017 EPS Estimates for Atlantic Capital Bancshares, Inc. Boosted by SunTrust Banks (ACBI) (americanbankingnews.com)
Shares of Atlantic Capital Bancshares (NASDAQ:ACBI) traded up 0.26% during mid-day trading on Tuesday, hitting $19.10. The stock had a trading volume of 51,270 shares. Atlantic Capital Bancshares has a 12-month low of $13.80 and a 12-month high of $20.20. The company has a 50 day moving average price of $18.87 and a 200 day moving average price of $18.88. The firm has a market cap of $489.99 million, a P/E ratio of 38.12 and a beta of 0.99.
Atlantic Capital Bancshares (NASDAQ:ACBI) last issued its earnings results on Friday, July 28th. The bank reported $0.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.17. The business had revenue of $26 million for the quarter, compared to analysts’ expectations of $25.10 million. Atlantic Capital Bancshares had a return on equity of 4.49% and a net margin of 12.18%. Equities analysts forecast that Atlantic Capital Bancshares will post $0.68 earnings per share for the current fiscal year.
ACBI has been the topic of a number of recent analyst reports. BidaskClub lowered Atlantic Capital Bancshares from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Zacks Investment Research upgraded Atlantic Capital Bancshares from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Wednesday, August 2nd. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $20.00 target price on shares of Atlantic Capital Bancshares in a research report on Friday, June 2nd. Finally, Gabelli initiated coverage on Atlantic Capital Bancshares in a research report on Wednesday, June 14th. They set a “buy” rating and a $23.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.67.
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Atlantic Capital Bancshares Company Profile
Atlantic Capital Bancshares, Inc is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.
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