Analysts See $0.51 EPS for CNB Financial Corporation (CCNE)

June 16, 2018 - By Stephen Andrade

Investors sentiment decreased to 1.15 in Q1 2018. Its down 0.13, from 1.28 in 2017Q4. It is negative, as 3 investors sold CNB Financial Corporation shares while 23 reduced holdings. 9 funds opened positions while 21 raised stakes. 6.57 million shares or 3.21% more from 6.36 million shares in 2017Q4 were reported.
Neuberger Berman Group accumulated 40,800 shares. Ejf invested in 0.32% or 135,500 shares. Citigroup Inc owns 4,444 shares. Renaissance Tech Ltd Liability Co owns 230,700 shares or 0.01% of their US portfolio. Bessemer Grp Inc holds 0% of its portfolio in CNB Financial Corporation (NASDAQ:CCNE) for 19,900 shares. Bowling Port Management Lc invested in 45,024 shares. Voya Mngmt Limited Liability Co, Georgia-based fund reported 11,627 shares. Kennedy Management owns 106,485 shares. Geode Mngmt Ltd Liability Corp has invested 0% in CNB Financial Corporation (NASDAQ:CCNE). Amer Int Group Incorporated owns 9,441 shares. Blackrock has invested 0% in CNB Financial Corporation (NASDAQ:CCNE). Lsv Asset Management accumulated 148,049 shares or 0.01% of the stock. Wellington Mgmt Grp Incorporated Limited Liability Partnership reported 543,329 shares. Ny State Common Retirement Fund reported 32,576 shares or 0% of all its holdings. Invesco reported 23,774 shares or 0% of all its holdings.

Since February 7, 2018, it had 2 insider buys, and 3 sales for $44,386 activity. Shares for $29 were sold by BREAKEY MARK D on Monday, March 26. Shares for $1,334 were bought by Scott Nicholas N. Jr. on Thursday, March 15. $60,426 worth of CNB Financial Corporation (NASDAQ:CCNE) shares were sold by Peterson Joel E..

Analysts expect CNB Financial Corporation (NASDAQ:CCNE) to report $0.51 EPS on July, 18.They anticipate $0.07 EPS change or 15.91 % from last quarter’s $0.44 EPS. CCNE’s profit would be $7.80M giving it 15.21 P/E if the $0.51 EPS is correct. After having $0.46 EPS previously, CNB Financial Corporation’s analysts see 10.87 % EPS growth. The stock increased 0.71% or $0.22 during the last trading session, reaching $31.02. About 35,107 shares traded or 54.29% up from the average. CNB Financial Corporation (NASDAQ:CCNE) has risen 38.25% since June 16, 2017 and is uptrending. It has outperformed by 25.68% the S&P500.

CNB Financial Corporation (NASDAQ:CCNE) Ratings Coverage

Among 2 analysts covering CNB Financial (NASDAQ:CCNE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. CNB Financial had 2 analyst reports since April 11, 2018 according to SRatingsIntel. The company was initiated on Tuesday, April 10 by Keefe Bruyette & Woods.

CNB Financial Corporation operates as the bank holding firm for CNB Bank that provides various banking services and products for individual, business, governmental, and institutional customers. The company has market cap of $474.16 million. The companyÂ’s principal services and products comprise checking, savings, and time deposit accounts; and real estate, commercial, industrial, residential, and consumer loans. It has a 19.78 P/E ratio. It also offers various other specialized financial services; and trust and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services.

Another recent and important CNB Financial Corporation (NASDAQ:CCNE) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Capital Product Partners, Nova Measuring Instruments, BioSpecifics …” on June 06, 2018.

CNB Financial Corporation (NASDAQ:CCNE) Institutional Positions Chart

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