Analysts’ Recent Ratings Changes for Atlantic Capital Bancshares (ACBI)

Several analysts have recently updated their ratings and price targets for Atlantic Capital Bancshares (NASDAQ: ACBI):

  • 2/10/2018 – Atlantic Capital Bancshares was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 2/2/2018 – Atlantic Capital Bancshares was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 1/30/2018 – Atlantic Capital Bancshares was upgraded by analysts at FIG Partners from a “market perform” rating to an “outperform” rating.
  • 1/29/2018 – Atlantic Capital Bancshares was given a new $18.00 price target on by analysts at Sandler O’Neill. They now have a “hold” rating on the stock.
  • 1/29/2018 – Atlantic Capital Bancshares had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $18.00 price target on the stock.
  • 1/29/2018 – Atlantic Capital Bancshares had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $20.00 price target on the stock.
  • 1/19/2018 – Atlantic Capital Bancshares was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/1/2018 – Atlantic Capital Bancshares was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $20.00 price target on the stock. According to Zacks, “Atlantic Capital Bancshares, Inc. is a bank holding company. The Company’s corporate and business banking services include lending and financing, treasury services and international banking. Its private banking products and services include deposit products such as checking accounts, money market accounts, savings accounts and certificates of deposit; credit products include home equity lines of credit, secured personal lines of credit, unsecured lines of credit, home improvement loans, car loans and credit cards and services include online banking and bill payment, wire transfers, automated teller machine, eDelivery of statements and documents and person-to-person payments. Atlantic Capital Bancshares, Inc. is based in Atlanta, Georgia. “
  • 12/22/2017 – Atlantic Capital Bancshares was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating.
  • 12/22/2017 – Atlantic Capital Bancshares was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Shares of Atlantic Capital Bancshares Inc (NASDAQ:ACBI) opened at $17.10 on Wednesday. The company has a market capitalization of $439.69 and a price-to-earnings ratio of -114.00. Atlantic Capital Bancshares Inc has a 12 month low of $15.20 and a 12 month high of $19.85. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.94 and a current ratio of 0.94.

Atlantic Capital Bancshares (NASDAQ:ACBI) last released its quarterly earnings results on Monday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.08). Atlantic Capital Bancshares had a negative net margin of 3.31% and a positive return on equity of 4.29%. The firm had revenue of $24.68 million during the quarter, compared to analyst estimates of $24.55 million. analysts expect that Atlantic Capital Bancshares Inc will post 0.92 earnings per share for the current fiscal year.

In other Atlantic Capital Bancshares news, COO D Michael Kramer sold 14,500 shares of Atlantic Capital Bancshares stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $17.19, for a total value of $249,255.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company’s stock.

Atlantic Capital Bancshares, Inc is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.

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