First Busey (BUSE) Given Coverage Optimism Rating of 0.07
News stories about First Busey (NASDAQ:BUSE) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Busey earned a news impact score of 0.07 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.8576612546682 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- David Carl’s TRUMP LEAR Begins Extended Winter Run Tonight at UNDER St. Marks (broadwayworld.com)
- Ghost Recon Wildlands is Getting the Predator For a Few Weeks (kotaku.co.uk)
- Should You Buy First Busey Corporation (BUSE) At $30.81? (finance.yahoo.com)
- CHAMPIONS: Central Mountain kicks off the season with a Top Hat Championship (lockhaven.com)
- Roaming along Arkansas 7 (arkansasonline.com)
Several equities research analysts have issued reports on BUSE shares. Zacks Investment Research upgraded shares of First Busey from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Monday, October 2nd. FBR & Co reiterated a “neutral” rating and set a $34.00 price objective (up from $32.00) on shares of First Busey in a research note on Wednesday, October 25th. BidaskClub downgraded shares of First Busey from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. ValuEngine downgraded shares of First Busey from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $32.00 price objective on shares of First Busey in a research note on Thursday, October 26th. Six research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of $33.25.
First Busey (NASDAQ BUSE) opened at $31.13 on Friday. First Busey has a 12-month low of $27.33 and a 12-month high of $32.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.90 and a current ratio of 0.93. The company has a market cap of $1,550.00, a price-to-earnings ratio of 17.88, a PEG ratio of 3.00 and a beta of 0.98.
In other news, Director George Barr sold 1,665 shares of the business’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $32.25, for a total transaction of $53,696.25. Following the transaction, the director now directly owns 64,088 shares of the company’s stock, valued at $2,066,838. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 9.60% of the company’s stock.
About First Busey
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries. The Company operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, St.
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