Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Peoples Bancorp (PEBO) Share Price

Media stories about Peoples Bancorp (NASDAQ:PEBO) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Peoples Bancorp earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.7482149328722 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

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

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A number of equities research analysts have issued reports on the company. Zacks Investment Research raised Peoples Bancorp from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Thursday, January 4th. BidaskClub lowered Peoples Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd. Boenning Scattergood reaffirmed a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, January 10th. ValuEngine raised Peoples Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. Finally, Sandler O’Neill reaffirmed a “hold” rating and set a $37.00 price target on shares of Peoples Bancorp in a research report on Tuesday, January 23rd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $36.00.

PEBO traded down $0.04 during trading on Monday, hitting $35.41. 2,620 shares of the stock were exchanged, compared to its average volume of 43,978. The firm has a market cap of $651.01, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 2.00 and a beta of 0.71. Peoples Bancorp has a 1-year low of $29.55 and a 1-year high of $36.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.31.

Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.57 EPS for the quarter, topping the consensus estimate of $0.48 by $0.09. The company had revenue of $42.24 million for the quarter, compared to analyst estimates of $41.90 million. Peoples Bancorp had a return on equity of 8.57% and a net margin of 21.47%. equities analysts expect that Peoples Bancorp will post 2.22 EPS for the current fiscal year.

In other Peoples Bancorp news, Director George W. Broughton sold 1,000 shares of Peoples Bancorp stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $35.26, for a total transaction of $35,260.00. Following the transaction, the director now owns 160,750 shares of the company’s stock, valued at $5,668,045. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 3.03% of the company’s stock.

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About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.

Insider Buying and Selling by Quarter for Peoples Bancorp (NASDAQ:PEBO)

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