Tuesday, 30 January 2018

Analysts See $0.36 EPS for Seacoast Banking of Florida (SBCF); Flex Limited Ord (FLEX) Shorts Lowered By 9.98%

Flex Limited Ord (NASDAQ:FLEX) had a decrease of 9.98% in short interest. FLEX’s SI was 14.35M shares in January as released by FINRA. Its down 9.98% from 15.95M shares previously. With 2.80 million avg volume, 5 days are for Flex Limited Ord (NASDAQ:FLEX)’s short sellers to cover FLEX’s short positions. The SI to Flex Limited Ord’s float is 2.9%. The stock decreased 2.53% or $0.49 during the last trading session, reaching $18.86. About 10.60M shares traded or 216.71% up from the average. Flex Ltd. (NASDAQ:FLEX) has risen 35.11% since January 30, 2017 and is uptrending. It has outperformed by 18.41% the S&P500.

Analysts expect Seacoast Banking Corporation of Florida (NASDAQ:SBCF) to report $0.36 EPS on February, 7.They anticipate $0.06 EPS change or 20.00% from last quarter’s $0.3 EPS. SBCF’s profit would be $16.89M giving it 18.17 P/E if the $0.36 EPS is correct. After having $0.35 EPS previously, Seacoast Banking Corporation of Florida’s analysts see 2.86% EPS growth. The stock increased 0.38% or $0.1 during the last trading session, reaching $26.17. About 316,572 shares traded or 39.88% up from the average. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has risen 38.63% since January 30, 2017 and is uptrending. It has outperformed by 21.93% the S&P500.

Among 9 analysts covering Seacoast Banking Co. of Florida (NASDAQ:SBCF), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Seacoast Banking Co. of Florida had 21 analyst reports since August 12, 2015 according to SRatingsIntel. Zacks upgraded the shares of SBCF in report on Wednesday, August 12 to “Sell” rating. The rating was maintained by Hovde Group on Friday, January 12 with “Hold”. Zacks upgraded the stock to “Sell” rating in Thursday, August 27 report. Hovde Group maintained the shares of SBCF in report on Wednesday, January 3 with “Hold” rating. As per Monday, January 8, the company rating was maintained by SunTrust. The company was downgraded on Monday, November 7 by FIG Partners. SunTrust upgraded the shares of SBCF in report on Monday, February 13 to “Buy” rating. As per Wednesday, May 11, the company rating was upgraded by Hovde Group. The firm has “Buy” rating given on Thursday, January 11 by Sandler O’Neill. Raymond James initiated the stock with “Outperform” rating in Wednesday, November 30 report.

Seacoast Banking Corporation of Florida operates as the bank holding firm for Seacoast National Bank that provides community banking services to the commercial, small business, and retail clients in Florida. The company has market cap of $1.23 billion. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. It has a 26.43 P/E ratio. The firm also provides trust and asset management services to retirement plans, firms, and individuals; treasury management services; brokerage services; and Internet and mobile banking services.

Investors sentiment decreased to 1.6 in 2017 Q3. Its down 0.57, from 2.17 in 2017Q2. It fall, as 13 investors sold Seacoast Banking Corporation of Florida shares while 29 reduced holdings. 22 funds opened positions while 45 raised stakes. 33.14 million shares or 2.65% more from 32.28 million shares in 2017Q2 were reported. Goldman Sachs Grp Inc Incorporated has 0% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Lord Abbett And Co Limited Liability has 0.07% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 991,187 shares. The Missouri-based Stieven Advisors Limited Partnership has invested 1.13% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Jacobs Asset Limited reported 100,000 shares or 0.46% of all its holdings. Mufg Americas Hldgs invested 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Hutchin Hill Lp accumulated 0.01% or 9,100 shares. Credit Suisse Ag holds 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 99,397 shares. Banc Funds Ltd Limited Liability Company reported 883,169 shares or 0.95% of all its holdings. King Luther Cap Management Corporation invested 0.02% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Renaissance Tech Ltd Liability accumulated 392,900 shares. 62,140 are held by Susquehanna International Group Inc Llp. Jennison Associate Ltd Liability Corporation, New York-based fund reported 1.60M shares. Legal & General Group Public Ltd Co invested in 10,593 shares. State Bank Of America Corp De reported 399,202 shares stake. Great West Life Assurance Can owns 5,040 shares for 0% of their portfolio.

Since August 8, 2017, it had 0 insider purchases, and 1 insider sale for $53,042 activity. 2,200 shares were sold by Goldman Roger, worth $53,042.

Among 15 analysts covering Flextronics International Ltd. (NASDAQ:FLEX), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Flextronics International Ltd. had 48 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, October 12 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Friday, January 29. RBC Capital Markets maintained it with “Buy” rating and $2100 target in Monday, July 24 report. The stock has “Strong Buy” rating by Raymond James on Friday, January 29. On Friday, October 27 the stock rating was maintained by UBS with “Buy”. The rating was maintained by RBC Capital Markets on Wednesday, August 30 with “Buy”. The firm earned “Buy” rating on Thursday, January 25 by RBC Capital Markets. The firm earned “Buy” rating on Friday, December 11 by Citigroup. On Friday, January 27 the stock rating was maintained by Needham with “Buy”. Needham maintained the shares of FLEX in report on Tuesday, July 18 with “Buy” rating.

Since August 3, 2017, it had 0 insider purchases, and 1 insider sale for $43,457 activity. Shares for $400,870 were sold by SHIH WILLY C on Thursday, August 3. Tan Lay Koon sold $43,457 worth of stock.

The post Analysts See $0.36 EPS for Seacoast Banking of Florida (SBCF); Flex Limited Ord (FLEX) Shorts Lowered By 9.98% appeared first on Stock Market News | HillCountryTimes | Get it Today.



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