Cadence Bancorporation (CADE) Forms $28.02 Double Top; Primerica Has 1.01 Sentiment

Primerica, Inc., together with its subsidiaries, distributes financial products to middle income households in the United States and Canada. The company has market cap of $4.45 billion. The firm operates in three divisions: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It has a 13.21 P/E ratio. It underwrites individual term life insurance products.

Cadence Bancorporation (CADE) formed double top with $29.70 target or 6.00% above today’s $28.02 share price. Cadence Bancorporation (CADE) has $2.34 billion valuation. The stock decreased 0.60% or $0.17 during the last trading session, reaching $28.02. About 27,090 shares traded. Cadence Bancorporation (NYSE:CADE) has 0.00% since February 26, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Cadence Bancorporation (NYSE:CADE) to report earnings on May, 14. They expect $0.45 earnings per share, up 28.57% or $0.10 from last year’s $0.35 per share. CADE’s profit will be $37.63 million for 15.57 P/E if the $0.45 EPS becomes a reality. After $0.39 actual earnings per share reported by Cadence Bancorporation for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

Among 5 analysts covering Cadence Bancorp (NYSE:CADE), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Cadence Bancorp had 8 analyst reports since May 31, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained Cadence Bancorporation (NYSE:CADE) rating on Monday, August 28. Keefe Bruyette & Woods has “Hold” rating and $25.0 target. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. The rating was maintained by Stephens on Thursday, July 27 with “Buy”. Robert W. Baird maintained it with “Buy” rating and $28.0 target in Thursday, August 31 report. RBC Capital Markets maintained Cadence Bancorporation (NYSE:CADE) on Wednesday, October 25 with “Buy” rating.

It closed at $100.55 lastly. It is down 46.20% since February 26, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Brave Warrior Advisors Llc holds 5.86% of its portfolio in Primerica, Inc. for 1.49 million shares. Kayne Anderson Rudnick Investment Management Llc owns 3.51 million shares or 2.58% of their US portfolio. Moreover, Walthausen & Co. Llc has 1.69% invested in the company for 222,279 shares. The Texas-based Academy Capital Management Inc Tx has invested 1.54% in the stock. Ruane Cunniff & Goldfarb Inc, a New York-based fund reported 2.01 million shares.

Analysts await Primerica, Inc. (NYSE:PRI) to report earnings on May, 8. They expect $1.49 EPS, up 34.23% or $0.38 from last year’s $1.11 per share. PRI’s profit will be $65.93M for 16.87 P/E if the $1.49 EPS becomes a reality. After $1.60 actual EPS reported by Primerica, Inc. for the previous quarter, Wall Street now forecasts -6.88% negative EPS growth.

Ratings analysis reveals 0 of Primerica’s analysts are positive. Out of 2 Wall Street analysts rating Primerica, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. PRI was included in 2 notes of analysts from September 23, 2016. As per Thursday, January 26, the company rating was initiated by Citigroup. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 23.

Since January 1, 0001, it had 0 insider buys, and 3 selling transactions for $549,074 activity.