Headlines about QCR (NASDAQ:QCRH) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty 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. QCR earned a news impact score of 0.13 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 44.3070106014173 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
QCR (QCRH) opened at $43.95 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.93. QCR has a 12 month low of $39.85 and a 12 month high of $50.00. The stock has a market cap of $613.89, a price-to-earnings ratio of 17.24, a P/E/G ratio of 1.40 and a beta of 0.54.
QCR (NASDAQ:QCRH) last posted its earnings results on Thursday, November 2nd. The bank reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.05). QCR had a net margin of 21.78% and a return on equity of 11.78%. research analysts anticipate that QCR will post 2.6 earnings per share for the current year.
QCRH has been the subject of several analyst reports. Piper Jaffray Companies set a $55.00 target price on shares of QCR and gave the company a “buy” rating in a research note on Friday, October 6th. Maxim Group decreased their target price on shares of QCR from $53.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. ValuEngine cut shares of QCR from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. DA Davidson reiterated a “buy” rating and issued a $56.00 target price on shares of QCR in a research note on Wednesday, December 20th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $54.00 target price on shares of QCR in a research note on Friday, December 22nd. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $54.00.
In other QCR news, CEO Larry J. Helling sold 1,021 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $44.40, for a total transaction of $45,332.40. Following the completion of the transaction, the chief executive officer now directly owns 11,180 shares in the company, valued at $496,392. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Patrick Baird sold 800 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $43.23, for a total transaction of $34,584.00. Following the transaction, the director now owns 52,722 shares of the company’s stock, valued at $2,279,172.06. The disclosure for this sale can be found here. Insiders have sold 2,818 shares of company stock valued at $124,113 over the last 90 days. 8.80% of the stock is currently owned by company insiders.
QCR Company Profile
QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), Rockford Bank and Trust Company (RB&T), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services.
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