Central Valley Community Bancorp (CVCY) Receiving Somewhat Positive News Coverage, Analysis Shows

Media coverage about Central Valley Community Bancorp (NASDAQ:CVCY) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central Valley Community Bancorp earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.0316013583351 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

CVCY has been the subject of a number of research analyst reports. Sandler O’Neill set a $25.00 price objective on shares of Central Valley Community Bancorp and gave the company a “buy” rating in a report on Thursday, January 4th. Zacks Investment Research upgraded shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $24.00.

Shares of Central Valley Community Bancorp (CVCY) traded up $0.46 on Thursday, reaching $20.91. 31,200 shares of the company were exchanged, compared to its average volume of 39,936. Central Valley Community Bancorp has a one year low of $17.62 and a one year high of $23.94. The company has a market cap of $277.74, a price-to-earnings ratio of 15.84, a price-to-earnings-growth ratio of 1.83 and a beta of 0.24. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

Central Valley Community Bancorp (NASDAQ:CVCY) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. Central Valley Community Bancorp had a net margin of 24.80% and a return on equity of 9.41%. The company had revenue of $16.13 million during the quarter, compared to analyst estimates of $16.60 million. equities analysts predict that Central Valley Community Bancorp will post 1.18 EPS for the current year.

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About Central Valley Community Bancorp

Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.

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