Pinnacle Financial Partners, Inc. is a bank holding company. The company has market cap of $3.16 billion. The Firm operates through its subsidiary, Pinnacle Bank. It has a 21.98 P/E ratio. The Firm operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis and Chattanooga, Tennessee and other counties.
The stock of Avalon Holdings Corp (NYSEMKT:AWX) is a huge mover today! About 58,476 shares traded or 139.90% up from the average. Avalon Holdings Corp (NYSEMKT:AWX) has declined 31.27% since August 29, 2016 and is downtrending. It has underperformed by 39.51% the S&P500.The move comes after 6 months positive chart setup for the $9.12 million company. It was reported on Apr, 5 by Barchart.com. We have $2.56 PT which if reached, will make NYSEMKT:AWX worth $729,600 more.
About 119,741 shares traded. Pinnacle Financial Partners (NASDAQ:PNFP) has risen 13.80% since August 29, 2016 and is uptrending. It has outperformed by 5.55% the S&P500.
Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $3.33 million activity.
Pinnacle Financial Partners Inc holds 3.47% of its portfolio in Pinnacle Financial Partners for 231,730 shares. Forest Hill Capital Llc owns 120,221 shares or 2.69% of their US portfolio. Moreover, Ranger Investment Management L.P. has 2.05% invested in the company for 416,105 shares. The Massachusetts-based Copper Rock Capital Partners Llc has invested 1.76% in the stock. Fenimore Asset Management Inc, a New York-based fund reported 334,861 shares.
Ratings analysis reveals 27% of Pinnacle Financial Partners’s analysts are positive. Out of 11 Wall Street analysts rating Pinnacle Financial Partners, 3 give it “Buy”, 0 “Sell” rating, while 8 recommend “Hold”. The lowest target is $51 while the high is $62. The stock’s average target of $55 is -13.86% below today’s ($63.85) share price. PNFP was included in 17 notes of analysts from July 23, 2015. The stock has “Outperform” rating by Wood on Friday, September 11. The company was downgraded on Tuesday, September 13 by Sandler O’Neill. The company was initiated on Monday, August 24 by Piper Jaffray. The firm has “Buy” rating given on Wednesday, January 25 by Sandler O’Neill. The firm has “Overweight” rating given on Friday, January 29 by Stephens. The firm earned “Equal-Weight” rating on Wednesday, January 18 by Stephens. On Friday, September 11 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The stock of Pinnacle Financial Partners (NASDAQ:PNFP) has “Mkt Perform” rating given on Thursday, July 23 by Bruyette & Woods”. Wood downgraded the shares of PNFP in report on Thursday, July 23 to “Market Perform” rating. On Wednesday, July 22 the stock rating was downgraded by Portales Partners to “Sector Perform”.
Analysts await Pinnacle Financial Partners (NASDAQ:PNFP) to report earnings on April, 17. They expect $0.79 earnings per share, up 11.27% or $0.08 from last year’s $0.71 per share. PNFP’s profit will be $39.10M for 20.21 P/E if the $0.79 EPS becomes a reality. After $0.83 actual earnings per share reported by Pinnacle Financial Partners for the previous quarter, Wall Street now forecasts -4.82% negative EPS growth.
