Media headlines about American River Bankshares (NASDAQ:AMRB) have trended somewhat positive on Sunday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American River Bankshares earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.933380039607 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- American River Bankshares (AMRB) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Sandler O’Neill Analysts Give American River Bankshares (AMRB) a $16.00 Price Target (americanbankingnews.com)
- Analysts Anticipate American River Bankshares (AMRB) Will Post Earnings of $0.20 Per Share (americanbankingnews.com)
- American River Bankshares (AMRB) Expected to Announce Quarterly Sales of $5.35 Million (americanbankingnews.com)
Several research firms have recently weighed in on AMRB. Zacks Investment Research raised American River Bankshares from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Wednesday. Sandler O’Neill set a $16.00 price objective on American River Bankshares and gave the company a “hold” rating in a report on Thursday, January 4th. Finally, ValuEngine raised American River Bankshares from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. American River Bankshares has an average rating of “Hold” and an average price target of $16.50.
Shares of American River Bankshares (AMRB) opened at $15.99 on Friday. The firm has a market capitalization of $101.97, a P/E ratio of 19.04 and a beta of 0.34. American River Bankshares has a fifty-two week low of $12.97 and a fifty-two week high of $16.49. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.16.
American River Bankshares (NASDAQ:AMRB) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.03). The firm had revenue of $5.18 million during the quarter, compared to analyst estimates of $5.45 million. American River Bankshares had a net margin of 24.61% and a return on equity of 6.66%. sell-side analysts predict that American River Bankshares will post 0.75 EPS for the current fiscal year.
American River Bankshares announced that its Board of Directors has authorized a stock buyback program on Thursday, October 19th that authorizes the company to buyback 320,000 shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.
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About American River Bankshares
American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services.
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