News coverage about Sierra Bancorp (NASDAQ:BSRR) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty 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. Sierra Bancorp earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.3237326230942 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Sierra Bancorp (NASDAQ:BSRR) opened at $27.71 on Friday. Sierra Bancorp has a one year low of $23.10 and a one year high of $29.50. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $410.75, a P/E ratio of 18.47, a PEG ratio of 1.81 and a beta of 0.80.
Sierra Bancorp (NASDAQ:BSRR) last posted its earnings results on Monday, October 23rd. The financial services provider reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.02. Sierra Bancorp had a net margin of 21.59% and a return on equity of 9.87%. The company had revenue of $24.35 million during the quarter, compared to analysts’ expectations of $23.90 million. analysts predict that Sierra Bancorp will post 1.52 EPS for the current year.
Several brokerages have commented on BSRR. BidaskClub upgraded shares of Sierra Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. FIG Partners assumed coverage on shares of Sierra Bancorp in a research report on Thursday, December 21st. They set a “market-perform” rating and a $30.00 target price on the stock. DA Davidson cut shares of Sierra Bancorp from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Sierra Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Finally, ValuEngine downgraded shares of Sierra Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Sierra Bancorp currently has an average rating of “Hold” and an average price target of $28.79.
In other Sierra Bancorp news, Director Gordon T. Woods sold 3,000 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $28.50, for a total value of $85,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robb Evans acquired 1,000 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was acquired at an average price of $26.00 per share, for a total transaction of $26,000.00. Following the purchase, the director now directly owns 16,000 shares of the company’s stock, valued at $416,000. The disclosure for this purchase can be found here. Company insiders own 20.77% of the company’s stock.
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About Sierra Bancorp
Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a state-chartered bank, which offers a range of retail and commercial banking services. The Bank’s products and services are related to the business of lending money and accepting deposits. Its customers have access to electronic point-of-sale payment alternatives around the country through the Pulse Electronic Funds Transfer (EFT) network.
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