Media coverage about Great Western Bancorp (NYSE:GWB) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Great Western Bancorp earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 44.6797377269557 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several equities research analysts recently issued reports on GWB shares. Deutsche Bank raised their target price on shares of Great Western Bancorp from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Zacks Investment Research upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Tuesday. Keefe, Bruyette & Woods restated a “buy” rating and issued a $47.00 price target on shares of Great Western Bancorp in a report on Thursday, December 21st. ValuEngine upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating in a report on Monday, December 4th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $40.00 price target on shares of Great Western Bancorp in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. Great Western Bancorp presently has a consensus rating of “Hold” and a consensus target price of $45.40.
Shares of Great Western Bancorp (GWB) traded up $0.25 during trading hours on Thursday, hitting $41.55. 226,500 shares of the company were exchanged, compared to its average volume of 269,314. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $2,398.88, a price-to-earnings ratio of 16.89, a PEG ratio of 2.05 and a beta of 1.69. Great Western Bancorp has a fifty-two week low of $33.27 and a fifty-two week high of $45.62.
Great Western Bancorp (NYSE:GWB) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $116.50 million during the quarter, compared to analyst estimates of $117.75 million. Great Western Bancorp had a net margin of 29.09% and a return on equity of 8.45%. During the same quarter in the previous year, the firm earned $0.57 earnings per share. analysts forecast that Great Western Bancorp will post 2.59 earnings per share for the current fiscal year.
In other news, CFO Peter Robert Chapman sold 5,000 shares of the business’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $42.07, for a total transaction of $210,350.00. Following the completion of the transaction, the chief financial officer now owns 22,969 shares of the company’s stock, valued at $966,305.83. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Kenneth James Karels sold 2,633 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $41.18, for a total transaction of $108,426.94. Following the transaction, the insider now directly owns 68,335 shares of the company’s stock, valued at approximately $2,814,035.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,482 shares of company stock valued at $1,798,042. 0.19% of the stock is currently owned by corporate insiders.
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Great Western Bancorp Company Profile
Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.
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