Press coverage about First Business Financial Services (NASDAQ:FBIZ) has been trending positive on Monday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Business Financial Services earned a news impact score of 0.31 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of First Business Financial Services from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Keefe, Bruyette & Woods lowered shares of First Business Financial Services from an “outperform” rating to a “mkt perform” rating in a research report on Tuesday, May 2nd. Four investment analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of $26.25.
First Business Financial Services (NASDAQ FBIZ) opened at 23.60 on Monday. First Business Financial Services has a 52-week low of $18.76 and a 52-week high of $28.43. The stock has a market capitalization of $205.74 million, a price-to-earnings ratio of 14.94 and a beta of 0.97. The company has a 50-day moving average of $23.45 and a 200-day moving average of $24.58.
First Business Financial Services (NASDAQ:FBIZ) last issued its earnings results on Thursday, April 27th. The financial services provider reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.01. First Business Financial Services had a return on equity of 8.46% and a net margin of 14.39%. The firm had revenue of $18.95 million for the quarter, compared to analyst estimates of $19.42 million. Equities research analysts expect that First Business Financial Services will post $1.77 EPS for the current year.
In other news, insider Corey A. Chambas sold 13,605 shares of the stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $25.18, for a total value of $342,573.90. Following the completion of the transaction, the insider now owns 118,655 shares of the company’s stock, valued at $2,987,732.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael J. Losenegger sold 2,587 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $23.92, for a total value of $61,881.04. Following the completion of the transaction, the insider now directly owns 26,781 shares of the company’s stock, valued at approximately $640,601.52. The disclosure for this sale can be found here. Insiders sold 18,639 shares of company stock worth $462,721 over the last ninety days. 8.30% of the stock is owned by corporate insiders.
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About First Business Financial Services
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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