$0.15 EPS Expected for Park Sterling Corp (PSTB)

October 13, 2017 - By Kurt Siggers

 $0.15 EPS Expected for Park Sterling Corp (PSTB)
Investors sentiment increased to 1.22 in 2017 Q2. Its up 0.34, from 0.88 in 2017Q1. It is positive, as 16 investors sold Park Sterling Corp shares while 34 reduced holdings. 25 funds opened positions while 36 raised stakes. 43.13 million shares or 1.13% less from 43.62 million shares in 2017Q1 were reported.
Sei Co holds 0% or 40 shares. Geode Capital Management Ltd Llc owns 444,735 shares. Guggenheim Capital Limited Liability Company reported 17,770 shares. The Florida-based Deprince Race & Zollo has invested 0.2% in Park Sterling Corp (NASDAQ:PSTB). Deutsche Fincl Bank Ag holds 0.01% in Park Sterling Corp (NASDAQ:PSTB) or 603,863 shares. Rhumbline Advisers has invested 0% in Park Sterling Corp (NASDAQ:PSTB). Renaissance Tech Ltd holds 0.01% in Park Sterling Corp (NASDAQ:PSTB) or 967,973 shares. Legal & General Public Limited reported 12,702 shares. Citigroup holds 0% or 29,650 shares in its portfolio. Bridgeway Mngmt holds 0.04% in Park Sterling Corp (NASDAQ:PSTB) or 299,115 shares. Magnetar stated it has 0.08% of its portfolio in Park Sterling Corp (NASDAQ:PSTB). Wellington Management Gru Ltd Liability Partnership has invested 0% in Park Sterling Corp (NASDAQ:PSTB). 73,366 were accumulated by Cna. State Street Corporation holds 0% or 977,850 shares. Forest Hill Capital Ltd Liability Corporation accumulated 594,462 shares or 2.12% of the stock.

Since May 26, 2017, it had 1 insider buy, and 0 selling transactions for $530 activity.

Analysts expect Park Sterling Corp (NASDAQ:PSTB) to report $0.15 EPS on October, 26.They anticipate $0.01 EPS change or 7.14 % from last quarter’s $0.14 EPS. PSTB’s profit would be $7.99 million giving it 21.28 P/E if the $0.15 EPS is correct. After having $0.17 EPS previously, Park Sterling Corp’s analysts see -11.76 % EPS growth. The stock decreased 0.55% or $0.07 during the last trading session, reaching $12.77. About 102,264 shares traded. Park Sterling Corp (NASDAQ:PSTB) has risen 58.90% since October 13, 2016 and is uptrending. It has outperformed by 42.20% the S&P500.

Park Sterling Corp (NASDAQ:PSTB) Ratings Coverage

Among 8 analysts covering Park Sterling (NASDAQ:PSTB), 0 have Buy rating, 0 Sell and 8 Hold. Therefore 0 are positive. Park Sterling had 15 analyst reports since December 2, 2015 according to SRatingsIntel. The rating was initiated by Brean Capital with “Hold” on Friday, February 24. As per Monday, October 31, the company rating was downgraded by Hovde Group. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, August 8. Brean Capital maintained the stock with “Hold” rating in Friday, July 28 report. The rating was maintained by Keefe Bruyette & Woods on Tuesday, May 30 with “Hold”. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Tuesday, November 29 report. The firm has “Outperform” rating given on Monday, May 2 by Hovde Group. On Friday, November 4 the stock rating was downgraded by Sandler O’Neill to “Hold”. The rating was downgraded by Raymond James to “Mkt Perform” on Thursday, October 6.

Park Sterling Corporation is a holding firm for Park Sterling Bank . The company has market cap of $680.48 million. The Bank is a North Carolina-chartered commercial non-member bank. It has a 24.59 P/E ratio. The Firm provides banking services to small and medium-sized businesses, real estate owners, residential builders, institutions, professionals and clients doing business or residing within its target markets.

More important recent Park Sterling Corp (NASDAQ:PSTB) news were published by: Charlotteobserver.com which released: “Capital Bank, Park Sterling report 4Q profits affected by merger deals” on January 26, 2017, also Charlotteobserver.com published article titled: “Charlotte’s Park Sterling says 3Q profit up 32 percent on acquisition”, Reuters.com published: “BRIEF-South State Corporation announces merger with Park Sterling Corporation” on April 27, 2017. More interesting news about Park Sterling Corp (NASDAQ:PSTB) was released by: Bizjournals.com and their article: “UPDATED: Charlotte’s Park Sterling Bank to merge with South State Bank” with publication date: April 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.