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CapStar Financial Decreases Price Target and Falls Short on Q4 Earnings Expectations

Despite expectations of positive results in Q4, Capstar Financial’s recent earnings report fell short of analysts’ estimates for earnings per share by ($0.02), reporting only $0.47 earnings per share for the quarter. However, the bank still managed to maintain a return on equity of 10.97% and a net margin of 28.37%. CapStar Financial also reported revenue of $31.24 million during the quarter, with analyst predictions at $31.44 million.

CapStar Financial Holdings Inc offers traditional banking services and other financial solutions such as consumer and commercial banking as well as wealth management services.

Founded in Nashville, TN on December 1st, 2015; CapStar is focused on providing clients with flexibility and efficient banking solutions that cater to each client’s unique needs.

With analysts predicting an estimated earnings per share of 1.64 for this year’s financial report, Capstar is still poised to remain competitive in their field despite current challenges posed by economic volatility brought about by ongoing global circumstances.

CapStar Financial remains dedicated to maintaining its reputation as one of the foremost providers of traditional banking services today by offering personalized experiences and adaptable strategies aimed at improving customer satisfaction while staying ahead of emerging developments in their industry.

Mixed Reviews for CapStar Financial Holdings Stock


CapStar Financial Holdings, a Tennessee-based financial services provider, has received mixed reviews from several research analysts in relation to its stock. Janney Montgomery Scott lowered the bank’s rating from “buy” to “neutral”, with a target price of $19 per share, while DA Davidson cut its rating from “buy” to “neutral”, assigning the firm a target price of $18.50. StockNews.com was even more bearish and slashed its rating on CapStar Financial from “hold” to “sell”. One analyst rated the stock as a buy, four issued hold ratings and one rated it as a sell. The average price target for CapStar Financial stands at $18.70, with an increasingly bearish sentiment as time goes on.

The market performance of CapStar Financial suggests little cause for optimism. Its stock traded at only $14.62 per share during trading on Thursday; a 12-month high of $22 doesn’t do much to reassure wavering investors that there are better times ahead either. Its market capitalization rate is just over $315m, whilst its quick ratio is 0.91 and debt-to-equity ratio is 0.13; hardly figures that will inspire confidence in potential or would-be stakeholders.

However, some remain undaunted by these statistics, including director Thomas R Flynn who recently acquired over 10,000 shares of the company since March this year alone despite elements of negativity surrounding the company’s future prospects.

Several leading hedge funds have also bought into CapStar Financial in recent months with Voya Investment Management leading the way — having increased its stake by purchase during Q4 last year. AQR Capital Management added an additional 15% to its stake and many other institutional investors followed suit throughout Q1 this year.

CapStar Financial provides commercial banking services alongside consumer banking solutions like money market accounts and credit services across Wealth Management service lines making it somewhat diversified due to trade diversification alone. Despite the bearish sentiment for the stock among some analysts, the verdict of the market will remain strictly within its hands to determine its future financial fate as long as investors continue backing it.

The post CapStar Financial Decreases Price Target and Falls Short on Q4 Earnings Expectations appeared first on Best Stocks.



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CapStar Financial Decreases Price Target and Falls Short on Q4 Earnings Expectations

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