Equities research analysts at StockNews.com assumed coverage on shares of Sandy Spring Bancorp (NASDAQ:SASR – Get Free Report) in a report released on Sunday. The brokerage set a “sell” rating on the bank’s stock.
Sandy Spring Bancorp Price Performance
Shares of NASDAQ:SASR opened at $29.12 on Friday. The company’s fifty day moving average is $32.51 and its two-hundred day moving average is $33.49. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Sandy Spring Bancorp has a 12-month low of $19.52 and a 12-month high of $39.55. The company has a market cap of $1.31 billion, a P/E ratio of 64.71 and a beta of 0.96.
Sandy Spring Bancorp (NASDAQ:SASR – Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). Sandy Spring Bancorp had a net margin of 2.65% and a return on equity of 5.31%. Equities analysts expect that Sandy Spring Bancorp will post 2.48 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Sandy Spring Bancorp
About Sandy Spring Bancorp
Sandy Spring Bancorp, Inc operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses in the United States. It offers financial products and services, including various loan and deposit products.
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