United Financial Bancorp (UBNK) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS
United Financial Bancorp (NASDAQ:UBNK) posted its quarterly earnings results on Thursday. The company reported $0.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.03, American Banking & Market News reports.
Shares of United Financial Bancorp (NASDAQ:UBNK) remained flat at $16.43 during during mid-day trading trading on Thursday. 20,421 shares of the company’s stock traded hands. United Financial Bancorp has a 52-week low of $14.13 and a 52-week high of $17.00. The stock has a 50-day moving average of $16.10 and a 200-day moving average of $15.65. The company has a market cap of $324.0 million and a P/E ratio of 42.35.
A number of analysts have recently weighed in on UBNK shares. Analysts at TheStreet upgraded shares of United Financial Bancorp from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, September 4th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of United Financial Bancorp from $16.00 to $17.00 in a research note to investors on Tuesday, July 23rd. They now have a “market perform” rating on the stock.
United Financial Bancorp, Inc is a holding company for United Bank (NASDAQ:UBNK).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.