News headlines about Atlantic Capital Bancshares (NASDAQ:ACBI) have trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news 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. Atlantic Capital Bancshares earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 45.9883372566599 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Atlantic Capital Bancshares (NASDAQ ACBI) opened at $16.85 on Monday. The stock has a market cap of $433.52, a PE ratio of 30.64, a P/E/G ratio of 1.26 and a beta of 0.94. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. Atlantic Capital Bancshares has a 1 year low of $15.20 and a 1 year high of $20.20.
Atlantic Capital Bancshares (NASDAQ:ACBI) last posted its quarterly earnings data on Friday, October 27th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.03). The company had revenue of $23.77 million during the quarter, compared to analyst estimates of $26.19 million. Atlantic Capital Bancshares had a net margin of 12.34% and a return on equity of 4.39%. analysts expect that Atlantic Capital Bancshares will post 0.61 earnings per share for the current fiscal year.
A number of equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $20.00 target price on shares of Atlantic Capital Bancshares in a research report on Wednesday, October 4th. Zacks Investment Research cut shares of Atlantic Capital Bancshares from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, BidaskClub cut shares of Atlantic Capital Bancshares from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Atlantic Capital Bancshares presently has a consensus rating of “Hold” and an average price target of $21.67.
Atlantic Capital Bancshares Company Profile
Atlantic Capital Bancshares, Inc is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.
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