Peoples Utah Bancorp (NASDAQ:PUB) Upgraded by Zacks Investment Research to Buy

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Peoples Utah Bancorp stock has undergone multiple analysts rating changes in the recent past.  Peoples Utah Bancorp Upgraded by Zacks Investment Research on 6/30/2020. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Peoples Utah Bancorp traded no change $0.00 on Tuesday, reaching $21.95. 12671 shares of the stock traded hands, compared to its average volume of 52487. Shares of Peoples Utah Bancorp at mid-way on Tuesday were at $21.95. The firm’s 50 day moving average is $21.30 and its 200 day moving average is $25.22.Peoples Utah Bancorp  has a 12 month low of $21.73 and a 12 month high of $31.27. While on yearly highs and lows, Peoples Utah Bancorp’s today has traded high as $22.27 and has touched $21.73 on the downward trend. See More Analyst Rating at: RATING

Peoples Utah Bancorp Earnings and What to expect: 

Peoples Utah Bancorp last announced its earnings results on April 22nd, 2020. The bank reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.10. The business had revenue of $30.96 million for the quarter, compared to analysts’ expectations of $30.12 million. Peoples Utah Bancorp has generated $2.33 earnings per share over the last year and currently has a price-to-earnings ratio of 9.4. Peoples Utah Bancorp has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, July 23rd, 2020 based off prior year’s report dates.

Earnings for Peoples Utah Bancorp are expected to decrease by -11.82% in the coming year, from $2.03 to $1.79 per share. The P/E ratio of Peoples Utah Bancorp is 9.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of Peoples Utah Bancorp is 9.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.16. Peoples Utah Bancorp has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 16.17%
  • On 6/24/2020 Director Jr. Fred W Fairclough Sell 3,750 at average share price of $20.79 which equates to $77,962.50 in money value.
  • On 6/17/2020 Director Jr. Fred W Fairclough Sell 3,750 at average price of  $22.18 with total value of : Not Data Available
  • On 6/10/2020 Director Jr. Fred W Fairclough Sell 3,750 at average price of  $23.52 with total value of : $88,200.00

Analyst at Zacks Investment Research are also talking about :

  • 6/24/2020 – Peoples Utah Bancorp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating.
  • 6/23/2020 – Peoples Utah Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $25.00 price target on the stock.
  • 6/17/2020 – Peoples Utah Bancorp was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a $24.00 price target on the stock.
  • 6/3/2020 – Peoples Utah Bancorp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating.

Peoples Utah Bancorp (NASDAQ:PUB) Moving Average Technical Analysis

5 day Moving Average is $21.48 And 5 day price change is $0.05 (0.23%)  with average volume for 5 day average is 97,965. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $22.30 and 20 day price change is -$0.65 (-2.88%) and average 20 day moving volume is 54,836. 50 day moving average is $21.30  and 50 day price change is $3.88 ( 21.51%)  and with average volume for 50 days is : 45,624. 200 day moving average is $25.22  and 200 day price change is -$7.00 (-24.20%)  and with average volume for 200 days is : 35,953.

See More Analyst Rating at: RATING