Media stories about Great Western Bancorp (NYSE:GWB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Great Western Bancorp earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.8531781734911 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
GWB opened at $39.53 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.47. The firm has a market cap of $2,348.19, a price-to-earnings ratio of 16.07, a PEG ratio of 1.20 and a beta of 1.57. Great Western Bancorp has a 1 year low of $33.27 and a 1 year high of $45.62.
Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings data on Thursday, January 25th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.09. The firm had revenue of $117.30 million for the quarter, compared to the consensus estimate of $118.85 million. Great Western Bancorp had a net margin of 27.04% and a return on equity of 8.66%. During the same period in the previous year, the firm earned $0.63 EPS. analysts expect that Great Western Bancorp will post 2.92 EPS for the current fiscal year.
A number of analysts have commented on the stock. Zacks Investment Research upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Wednesday, January 3rd. Stephens restated a “buy” rating and set a $49.00 price target on shares of Great Western Bancorp in a research note on Friday, January 26th. ValuEngine upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Sandler O’Neill set a $46.00 price target on shares of Great Western Bancorp and gave the company a “buy” rating in a research note on Tuesday, March 27th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $51.00 price target on shares of Great Western Bancorp in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. Great Western Bancorp has an average rating of “Hold” and an average target price of $46.30.
In related news, insider Kenneth James Karels sold 1,510 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $45.00, for a total value of $67,950.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Stephen John Ulenberg sold 3,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $41.81, for a total transaction of $125,430.00. Following the completion of the transaction, the executive vice president now directly owns 12,736 shares in the company, valued at $532,492.16. The disclosure for this sale can be found here. 0.33% of the stock is owned by insiders.
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About Great Western Bancorp
Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agribusiness banking, retail banking, and wealth management services. The company offers non-interest-bearing demand accounts, interest-bearing savings and money market accounts, individual retirement accounts, and time certificates of deposits, as well as NOW accounts.
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