Nicolet Bankshares (NCBS) Getting Somewhat Favorable News Coverage, Study Finds

News articles about Nicolet Bankshares (NASDAQ:NCBS) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nicolet Bankshares earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 44.6671847901066 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Nicolet Bankshares (NASDAQ:NCBS) traded up $1.40 during mid-day trading on Friday, hitting $56.09. The stock had a trading volume of 13,600 shares, compared to its average volume of 20,800. Nicolet Bankshares has a 52 week low of $45.00 and a 52 week high of $61.98. The company has a market cap of $521.25, a price-to-earnings ratio of 18.04, a P/E/G ratio of 2.32 and a beta of 1.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.89 and a current ratio of 0.89.

Nicolet Bankshares (NASDAQ:NCBS) last released its quarterly earnings data on Tuesday, October 17th. The bank reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.10. Nicolet Bankshares had a return on equity of 9.45% and a net margin of 22.63%. The company had revenue of $35.25 million for the quarter. research analysts expect that Nicolet Bankshares will post 3.31 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on NCBS shares. DA Davidson started coverage on Nicolet Bankshares in a research note on Thursday, December 14th. They issued a “neutral” rating and a $61.00 price objective on the stock. BidaskClub lowered Nicolet Bankshares from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. ValuEngine lowered Nicolet Bankshares from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Maxim Group upped their price objective on Nicolet Bankshares from $59.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Sandler O’Neill reiterated a “hold” rating and issued a $58.50 price objective on shares of Nicolet Bankshares in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $61.88.

In related news, EVP Michael E. Daniels sold 24,239 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $56.43, for a total transaction of $1,367,806.77. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Patrick Joseph Madson sold 1,027 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $57.65, for a total value of $59,206.55. The disclosure for this sale can be found here. Over the last quarter, insiders sold 47,191 shares of company stock worth $2,667,830. Corporate insiders own 13.90% of the company’s stock.

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About Nicolet Bankshares

Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Company also owns investment advisory firms, Brookfield Investment Partners, LLC, which provides investment strategy and transactional services to select community banks, and Nicolet Advisory Services, LLC, which conducts brokerage and financial advisory services primarily to individual consumers.

Insider Buying and Selling by Quarter for Nicolet Bankshares (NASDAQ:NCBS)

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