Somewhat Positive News Coverage Somewhat Unlikely to Affect Sunshine Bancorp (NASDAQ:SBCP) Stock Price

News stories about Sunshine Bancorp (NASDAQ:SBCP) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sunshine Bancorp earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.4403957963143 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Sunshine Bancorp (SBCP) opened at 22.50 on Thursday. The company’s 50-day moving average is $21.82 and its 200-day moving average is $20.42. Sunshine Bancorp has a 52-week low of $13.99 and a 52-week high of $23.73. The firm has a market capitalization of $173.54 million, a PE ratio of 95.74 and a beta of 0.36.

Sunshine Bancorp (NASDAQ:SBCP) last posted its quarterly earnings results on Monday, April 17th. The bank reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. The firm had revenue of $8.71 million for the quarter. Sunshine Bancorp had a net margin of 5.00% and a return on equity of 3.40%. Analysts forecast that Sunshine Bancorp will post $0.84 EPS for the current fiscal year.

A number of equities analysts recently issued reports on SBCP shares. Hovde Group reiterated an “outperform” rating and set a $26.00 price objective (up from $24.00) on shares of Sunshine Bancorp in a research report on Wednesday, May 17th. ValuEngine upgraded shares of Sunshine Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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About Sunshine Bancorp

Sunshine Bancorp, Inc (Sunshine Bancorp) is a savings and loan holding company for Sunshine Bank (the Bank). The Bank is a federal stock savings bank. The Bank’s principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial business loans, and to a lesser extent, multi-family real estate, land and construction and consumer loans.

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