Media stories about Capital City Bank Group (NASDAQ:CCBG) have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Capital City Bank Group earned a coverage optimism score of -3.67 on their scale. InfoTrie also gave media headlines about the financial services provider an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
CCBG stock traded down $0.28 during midday trading on Friday, reaching $29.47. The company’s stock had a trading volume of 34,200 shares, compared to its average volume of 39,462. Capital City Bank Group has a 1 year low of $21.04 and a 1 year high of $30.85. The stock has a fifty day simple moving average of $28.05 and a two-hundred day simple moving average of $25.40. The firm has a market capitalization of $494.93 million, a price-to-earnings ratio of 22.67 and a beta of 0.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.83.
Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Capital City Bank Group had a return on equity of 9.35% and a net margin of 18.76%. The company had revenue of $40.10 million for the quarter, compared to the consensus estimate of $39.40 million. As a group, analysts forecast that Capital City Bank Group will post 1.69 EPS for the current fiscal year.
Several analysts recently weighed in on CCBG shares. BidaskClub upgraded Capital City Bank Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 7th. ValuEngine upgraded Capital City Bank Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. Zacks Investment Research lowered Capital City Bank Group from a “hold” rating to a “sell” rating in a report on Friday, November 8th. Finally, Hovde Group lowered Capital City Bank Group from an “outperform” rating to a “market perform” rating and set a $30.00 price target on the stock. in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $27.00.
Capital City Bank Group Company Profile
Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.
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