Press coverage about Capstar Financial Holdings (NASDAQ:CSTR) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capstar Financial Holdings earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.6678879421977 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Earnings Review and Free Research Report: CapStar’s Q3 EPS Growth Beat Forecasts (finance.yahoo.com)
- Edited Transcript of CSTR earnings conference call or presentation 16-Oct-17 8:00pm GMT (finance.yahoo.com)
- Claire Tucker breaks her silence on activist investor’s growing stake in CapStar (finance.yahoo.com)
- Activist investor crosses important threshold as he grows stake in CapStar (bizjournals.com)
- Capstar Financial Holdings Inc : Investor Network: CapStar Financial Holdings, Inc. to Host Earnings Call (4-traders.com)
Several equities analysts have recently commented on the stock. Compass Point downgraded shares of Capstar Financial Holdings from a “neutral” rating to a “sell” rating and set a $17.00 price objective for the company. in a research note on Wednesday, October 11th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 price objective on shares of Capstar Financial Holdings in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of Capstar Financial Holdings from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. Sandler O’Neill downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating and lowered their price objective for the company from $21.00 to $19.00 in a research note on Tuesday, August 1st. Finally, ValuEngine downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Capstar Financial Holdings has a consensus rating of “Hold” and a consensus target price of $18.20.
Capstar Financial Holdings (CSTR) opened at 21.22 on Thursday. Capstar Financial Holdings has a 1-year low of $15.90 and a 1-year high of $22.35. The company has a 50-day moving average of $19.10 and a 200-day moving average of $19.10. The company has a market capitalization of $238.53 million and a P/E ratio of 119.89.
Capstar Financial Holdings (NASDAQ:CSTR) last released its quarterly earnings data on Monday, October 16th. The bank reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.12. Capstar Financial Holdings had a net margin of 7.05% and a return on equity of 9.36%. The company had revenue of $14.22 million during the quarter, compared to analysts’ expectations of $13.56 million. During the same period in the previous year, the company earned $0.20 EPS. Equities analysts expect that Capstar Financial Holdings will post $0.37 EPS for the current fiscal year.
In other news, Director Dale W. Polley acquired 3,000 shares of Capstar Financial Holdings stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average price of $16.99 per share, for a total transaction of $50,970.00. Following the purchase, the director now directly owns 5,704 shares in the company, valued at approximately $96,910.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Julie D. Frist sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $19.44, for a total transaction of $38,880.00. The disclosure for this sale can be found here. In the last 90 days, insiders bought 26,208 shares of company stock valued at $517,189. Company insiders own 19.28% of the company’s stock.
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About Capstar Financial Holdings
CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.
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