Media stories about Veritex Holdings (NASDAQ:VBTX) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Veritex Holdings earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.4247171352377 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Several research firms have recently commented on VBTX. Piper Jaffray Companies reissued a “neutral” rating and set a $29.50 price target (up from $29.00) on shares of Veritex Holdings in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of Veritex Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. BidaskClub cut shares of Veritex Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, Stephens set a $32.00 price objective on shares of Veritex Holdings and gave the company a “buy” rating in a research note on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. Veritex Holdings currently has an average rating of “Hold” and a consensus target price of $31.83.
Shares of Veritex Holdings (NASDAQ VBTX) traded up 0.27% during trading on Friday, reaching $26.22. 79,369 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $26.32 and its 200-day moving average price is $26.58. The stock has a market cap of $398.91 million, a PE ratio of 26.62 and a beta of 1.66. Veritex Holdings has a 52-week low of $17.45 and a 52-week high of $29.43.
Veritex Holdings (NASDAQ:VBTX) last posted its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.02). Veritex Holdings had a net margin of 21.85% and a return on equity of 6.41%. The firm had revenue of $21.11 million during the quarter, compared to the consensus estimate of $20.80 million. On average, equities research analysts forecast that Veritex Holdings will post $1.01 EPS for the current year.
In other Veritex Holdings news, insider Ned N. Fleming III sold 66,997 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $26.90, for a total value of $1,802,219.30. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Ned N. Fleming III sold 118,532 shares of the firm’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $25.65, for a total transaction of $3,040,345.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 419,800 shares of company stock worth $11,059,556. Insiders own 6.90% of the company’s stock.
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Veritex Holdings 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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