Veritex Holdings, Inc. (VBTX) Given Hold Rating at Piper Jaffray Companies

Piper Jaffray Companies reissued their hold rating on shares of Veritex Holdings, Inc. (NASDAQ:VBTX) in a research note published on Friday. They currently have a $29.00 price target on the financial services provider’s stock.

VBTX has been the subject of several other research reports. DA Davidson initiated coverage on Veritex Holdings in a research note on Tuesday, March 21st. They set a buy rating and a $34.00 target price for the company. Zacks Investment Research cut Veritex Holdings from a hold rating to a sell rating in a research note on Tuesday, May 23rd.

Veritex Holdings (VBTX) traded up 0.04% during trading on Friday, reaching $26.71. The company had a trading volume of 25,111 shares. The company’s 50-day moving average is $26.52 and its 200 day moving average is $27.10. Veritex Holdings has a 52 week low of $13.91 and a 52 week high of $29.43. The firm has a market capitalization of $406.26 million, a price-to-earnings ratio of 25.56 and a beta of 1.68.

Veritex Holdings (NASDAQ:VBTX) last posted its earnings results on Monday, April 24th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.02. The business had revenue of $12.79 million for the quarter, compared to analyst estimates of $12.40 million. Veritex Holdings had a return on equity of 6.73% and a net margin of 23.11%. Equities analysts anticipate that Veritex Holdings will post $1.14 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at

Veritex Holdings Company Profile

Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.

What are top analysts saying about Veritex Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Veritex Holdings Inc. and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit