Headlines about First Busey (NASDAQ:BUSE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Busey earned a news impact score of 0.04 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.3665563806403 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of First Busey from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Monday, January 1st. BidaskClub lowered shares of First Busey from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Piper Jaffray Companies reissued a “hold” rating and issued a $33.00 price target on shares of First Busey in a report on Tuesday, January 9th. Finally, B. Riley raised shares of First Busey from a “neutral” rating to a “buy” rating and lowered their price target for the company from $36.00 to $35.00 in a report on Tuesday, February 6th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $33.60.
Shares of First Busey (BUSE) opened at $31.33 on Friday. The stock has a market cap of $1,516.26, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.24. First Busey has a fifty-two week low of $27.33 and a fifty-two week high of $32.88.
First Busey (NASDAQ:BUSE) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.05). First Busey had a net margin of 20.31% and a return on equity of 9.84%. The business had revenue of $86.61 million during the quarter, compared to the consensus estimate of $82.39 million. equities research analysts forecast that First Busey will post 2.25 earnings per share for the current fiscal year.
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About First Busey
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries. The Company operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, St.
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