Atlantic Capital Bancshares (ACBI) Receives Media Sentiment Score of 0.10

Media stories about Atlantic Capital Bancshares (NASDAQ:ACBI) have trended somewhat positive on Monday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. 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. Atlantic Capital Bancshares earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 44.8544924872691 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.

Here are some of the news articles that may have effected Accern’s rankings:

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ACBI has been the topic of a number of recent analyst reports. BidaskClub raised shares of Atlantic Capital Bancshares from a “strong sell” rating to a “sell” rating in a research report on Friday, December 22nd. Sandler O’Neill set a $19.00 target price on shares of Atlantic Capital Bancshares and gave the company a “hold” rating in a research report on Wednesday, March 28th. Zacks Investment Research raised shares of Atlantic Capital Bancshares from a “sell” rating to a “hold” rating and set a $20.00 price target on the stock in a research report on Monday, January 1st. Finally, FIG Partners raised shares of Atlantic Capital Bancshares from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 30th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $20.00.

Shares of ACBI traded down $0.25 during mid-day trading on Monday, hitting $17.85. 31,966 shares of the company’s stock were exchanged, compared to its average volume of 91,486. The stock has a market capitalization of $466.27, a PE ratio of 33.68, a P/E/G ratio of 0.89 and a beta of 0.67. Atlantic Capital Bancshares has a fifty-two week low of $15.20 and a fifty-two week high of $19.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.92 and a current ratio of 0.92.

Atlantic Capital Bancshares (NASDAQ:ACBI) last issued its quarterly earnings results on Monday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.08). The business had revenue of $24.68 million for the quarter, compared to analyst estimates of $24.55 million. Atlantic Capital Bancshares had a positive return on equity of 4.33% and a negative net margin of 3.31%. sell-side analysts predict that Atlantic Capital Bancshares will post 0.93 earnings per share for the current year.

In other news, insider Kurt A. Shreiner sold 2,500 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $17.73, for a total transaction of $44,325.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Richard A. Jr. Oglesby sold 6,719 shares of the stock in a transaction dated Friday, March 23rd. The stock was sold at an average price of $17.99, for a total transaction of $120,874.81. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by corporate insiders.

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About Atlantic Capital Bancshares

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.

Insider Buying and Selling by Quarter for Atlantic Capital Bancshares (NASDAQ:ACBI)

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