Headlines about Peoples Bancorp (NASDAQ:PEBO) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Peoples Bancorp earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 46.0353179929272 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Peoples Bancorp (NASDAQ:PEBO) traded up 0.765% on Tuesday, reaching $32.265. 7,511 shares of the company’s stock traded hands. The firm has a market capitalization of $581.29 million, a P/E ratio of 17.441 and a beta of 0.77. Peoples Bancorp has a 52 week low of $24.02 and a 52 week high of $35.43. The stock has a 50-day moving average of $31.12 and a 200 day moving average of $31.88.
Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, July 25th. The bank reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. The business had revenue of $41.68 million during the quarter, compared to the consensus estimate of $40.81 million. Peoples Bancorp had a net margin of 19.67% and a return on equity of 7.63%. On average, equities analysts expect that Peoples Bancorp will post $2.03 EPS for the current fiscal year.
Several brokerages have recently issued reports on PEBO. Zacks Investment Research upgraded shares of Peoples Bancorp from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a research report on Friday, July 28th. Boenning Scattergood reiterated a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, July 26th. Keefe, Bruyette & Woods reiterated a “neutral” rating on shares of Peoples Bancorp in a research report on Tuesday, July 25th. BidaskClub cut shares of Peoples Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Finally, ValuEngine upgraded shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $34.33.
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Peoples Bancorp Company Profile
Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.
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