1st United Bancorp Inc (Florida) (FUBC) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS
1st United Bancorp Inc (Florida) (NASDAQ:FUBC) announced its earnings results on Tuesday. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.03, American Banking News reports.
Shares of 1st United Bancorp Inc (NASDAQ:FUBC) remained flat at $8.40 during trading on Tuesday. 30,045 shares of the company’s stock traded hands. 1st United Bancorp Inc has a 52-week low of $7.00 and a 52-week high of $8.85. The stock has a 50-day moving average of $8.58 and a 200-day moving average of $7.95. The company has a market cap of $289.7 million and a price-to-earnings ratio of 36.52.
A number of analysts have recently weighed in on FUBC shares. Analysts at Raymond James downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Friday, May 9th. Analysts at FIG Partners downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 8th. They now have a $8.50 price target on the stock.
1st United Bancorp, Inc (NASDAQ:FUBC) is a financial holding company.
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.