Westamerica Bancorp (WABC) Scheduled to Post Earnings on Wednesday
Westamerica Bancorp (NASDAQ:WABC) is scheduled to post its Q313 quarterly earnings results on Wednesday, October 16th. Analysts expect Westamerica Bancorp to post earnings of $0.63 per share and revenue of $54.28 million for the quarter.
Westamerica Bancorp (NASDAQ:WABC) opened at 51.13 on Tuesday. Westamerica Bancorp has a 52 week low of $40.50 and a 52 week high of $51.34. The stock has a 50-day moving average of $48.53 and a 200-day moving average of $46.64. The company has a market cap of $1.369 billion and a price-to-earnings ratio of 18.93.
A number of analysts have recently weighed in on WABC shares. Analysts at Zacks upgraded shares of Westamerica Bancorp from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 24th. They now have a $51.00 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Westamerica Bancorp from $47.00 to $47.50 in a research note to investors on Wednesday, July 17th. They now have a “sell” rating on the stock. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Westamerica Bancorp currently has an average rating of “Hold” and an average price target of $45.70.
Westamerica Bancorporation is a bank holding company. The Company provides a range of banking services to individual and corporate customers in Northern and Central California through its subsidiary bank, Westamerica Bank (NASDAQ:WABC).
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