Press coverage about First Busey (NASDAQ:BUSE) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. First Busey earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.3665563806403 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
BUSE has been the topic of several analyst reports. B. Riley raised shares of First Busey from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $36.00 to $35.00 in a research note on Tuesday, February 6th. Zacks Investment Research upgraded shares of First Busey from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a report on Monday, January 1st. BidaskClub upgraded shares of First Busey from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Piper Jaffray restated a “hold” rating and issued a $33.00 target price on shares of First Busey in a report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $33.60.
Shares of NASDAQ BUSE traded down $0.69 during trading on Friday, hitting $29.77. 121,092 shares of the company traded hands, compared to its average volume of 121,020. The company has a current ratio of 0.89, a quick ratio of 0.87 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. The firm has a market capitalization of $1,483.15, a P/E ratio of 18.49, a P/E/G ratio of 2.26 and a beta of 1.04.
First Busey (NASDAQ:BUSE) last posted its earnings results on Tuesday, January 30th. The bank reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.05). First Busey had a return on equity of 9.84% and a net margin of 20.31%. The business had revenue of $86.61 million during the quarter, compared to analyst estimates of $82.39 million. equities research analysts forecast that First Busey will post 2.25 EPS for the current year.
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First Busey Company Profile
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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