News coverage about First Business Financial Services (NASDAQ:FBIZ) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Business Financial Services earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.488583203428 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of First Business Financial Services (NASDAQ FBIZ) traded up $0.19 during trading on Friday, reaching $23.23. 4,395 shares of the company’s stock were exchanged, compared to its average volume of 15,772. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.08 and a quick ratio of 1.08. First Business Financial Services has a twelve month low of $20.57 and a twelve month high of $28.43. The firm has a market cap of $203.49, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 1.54 and a beta of 0.97.
First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.14). First Business Financial Services had a net margin of 12.63% and a return on equity of 7.20%. The company had revenue of $19.22 million for the quarter, compared to analyst estimates of $20.00 million. equities research analysts anticipate that First Business Financial Services will post 1.3 EPS for the current fiscal year.
A number of research analysts have issued reports on the stock. TheStreet upgraded shares of First Business Financial Services from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Zacks Investment Research upgraded shares of First Business Financial Services from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $25.00 price target on shares of First Business Financial Services in a research note on Tuesday, October 3rd. Finally, ValuEngine upgraded shares of First Business Financial Services from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st.
In other news, insider Charles H. Batson sold 2,300 shares of the stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $21.10, for a total value of $48,530.00. Following the sale, the insider now owns 27,527 shares in the company, valued at $580,819.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John J. Harris acquired 2,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was acquired at an average price of $22.52 per share, for a total transaction of $45,040.00. Following the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at $225,200. The disclosure for this purchase can be found here. Corporate insiders own 8.30% of the company’s stock.
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First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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