WageWorks, Inc. (WAGE) At $61.55 Forms Bottom; First Merchants Has 1.35 Sentiment

December 12, 2017 - By Vivian Park

First Merchants Corporation operates as the financial holding firm for First Merchants Bank that provides community banking services. The company has market cap of $2.08 billion. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. It has a 19.41 P/E ratio. The firm also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services.

WageWorks, Inc. (WAGE) formed multiple bottom with $58.47 target or 5.00% below today’s $61.55 share price. WageWorks, Inc. (WAGE) has $2.44 billion valuation. The stock decreased 0.73% or $0.45 during the last trading session, reaching $61.55. About 286,413 shares traded. WageWorks, Inc. (NYSE:WAGE) has risen 27.63% since December 12, 2016 and is uptrending. It has outperformed by 10.93% the S&P500.

Analysts await First Merchants Corporation (NASDAQ:FRME) to report earnings on January, 25. They expect $0.61 earnings per share, up 10.91% or $0.06 from last year’s $0.55 per share. FRME’s profit will be $29.97M for 17.33 P/E if the $0.61 EPS becomes a reality. After $0.61 actual earnings per share reported by First Merchants Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock decreased 0.68% or $0.29 during the last trading session, reaching $42.29. About 156,383 shares traded. First Merchants Corporation (FRME) has risen 59.72% since December 12, 2016 and is uptrending. It has outperformed by 43.02% the S&P500.

Pl Capital Advisors Llc holds 8.57% of its portfolio in First Merchants Corporation for 811,333 shares. Castine Capital Management Llc owns 240,051 shares or 4.33% of their US portfolio. Moreover, Dean Capital Management has 2.01% invested in the company for 104,154 shares. The New Jersey-based Fcg Advisors Llc has invested 1.26% in the stock. Vaughan Nelson Investment Management L.P., a Texas-based fund reported 2.30 million shares.

Analysts await WageWorks, Inc. (NYSE:WAGE) to report earnings on February, 22. They expect $0.28 earnings per share, up 16.67% or $0.04 from last year’s $0.24 per share. WAGE’s profit will be $11.10M for 54.96 P/E if the $0.28 EPS becomes a reality. After $0.33 actual earnings per share reported by WageWorks, Inc. for the previous quarter, Wall Street now forecasts -15.15% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com