FB Financial (FBK) Analysts See $0.62 EPS; Beutel Goodman & Co LTD Has Trimmed By $1.85 Million Its Cenovus Energy (CVE) Position

April 16, 2018 - By Jonathan Benavides

Cenovus Energy Inc. (NYSE:CVE) Logo

Beutel Goodman & Co Ltd decreased Cenovus Energy (CVE) stake by 0.78% reported in 2017Q4 SEC filing. Beutel Goodman & Co Ltd sold 205,475 shares as Cenovus Energy (CVE)’s stock declined 6.72%. The Beutel Goodman & Co Ltd holds 26.09M shares with $239.26 million value, down from 26.29M last quarter. Cenovus Energy now has $11.93 billion valuation. The stock increased 2.12% or $0.21 during the last trading session, reaching $10.1. About 6.51 million shares traded or 43.88% up from the average. Cenovus Energy Inc. (NYSE:CVE) has declined 35.61% since April 16, 2017 and is downtrending. It has underperformed by 47.16% the S&P500.

Analysts expect FB Financial Corporation (NYSE:FBK) to report $0.62 EPS on April, 23.They anticipate $0.20 EPS change or 47.62% from last quarter’s $0.42 EPS. FBK’s profit would be $19.00 million giving it 16.39 P/E if the $0.62 EPS is correct. After having $0.60 EPS previously, FB Financial Corporation’s analysts see 3.33% EPS growth. The stock decreased 0.88% or $0.36 during the last trading session, reaching $40.65. About 43,455 shares traded. FB Financial Corporation (NYSE:FBK) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 2 analysts covering FB Financial (NYSE:FBK), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. FB Financial had 3 analyst reports since February 10, 2017 according to SRatingsIntel. The company was downgraded on Wednesday, April 26 by Sandler O’Neill. Sandler O’Neill upgraded the shares of FBK in report on Friday, February 10 to “Buy” rating. The firm earned “Mkt Perform” rating on Wednesday, April 26 by Keefe Bruyette & Woods.

FB Financial Corporation operates as a holding firm for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals in Tennessee, North Alabama, and North Georgia. The company has market cap of $1.25 billion. It offers interest bearing depository services and products; commercial lending products that include working capital lines of credit, equipment loans, owner-occupied and non-owner-occupied real estate construction loans, real estate term loans, and cash flow loans to small and medium sized businesses; and consumer lending products comprising first and second residential mortgage loans, and home equity lines of credit, as well as consumer installment loans to purchase cars, boats, and other recreational vehicles. It has a 21.85 P/E ratio. The firm also provides mortgage banking services through its bank branch network and mortgage banking offices located in the southeastern United States; and an Internet delivery channel, as well as third-party mortgage services to smaller community banks and mortgage companies.

Among 16 analysts covering Cenovus Energy Inc (NYSE:CVE), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Cenovus Energy Inc had 27 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs upgraded the stock to “Conviction Buy” rating in Friday, March 11 report. The rating was upgraded by Canaccord Genuity to “Buy” on Wednesday, June 21. The stock of Cenovus Energy Inc. (NYSE:CVE) has “Neutral” rating given on Thursday, March 30 by Macquarie Research. The rating was downgraded by UBS on Tuesday, January 26 to “Neutral”. The rating was downgraded by Morgan Stanley on Wednesday, July 19 to “Hold”. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, January 26. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, April 28 report. The stock has “Underperform” rating by Macquarie Research on Tuesday, January 24. The firm has “Neutral” rating given on Thursday, April 5 by Bank of America. The rating was downgraded by Macquarie Research on Wednesday, June 21 to “Sell”.

FB Financial Corporation (NYSE:FBK) Ratings Chart

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