$0.51 EPS Expected for United Community Banks, Inc. (UCBI); GB SCIENCES (GBLX) Shorts Down By 38.01%

April 18, 2018 - By Adrian Mccoy

United Community Banks, Inc. (NASDAQ:UCBI) Logo

Analysts expect United Community Banks, Inc. (NASDAQ:UCBI) to report $0.51 EPS on April, 24 after the close.They anticipate $0.12 EPS change or 30.77% from last quarter’s $0.39 EPS. UCBI’s profit would be $40.35M giving it 15.50 P/E if the $0.51 EPS is correct. After having $0.42 EPS previously, United Community Banks, Inc.’s analysts see 21.43% EPS growth. The stock decreased 1.71% or $0.55 during the last trading session, reaching $31.62. About 334,667 shares traded. United Community Banks, Inc. (NASDAQ:UCBI) has risen 17.47% since April 18, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

GB SCIENCES INC (OTCMKTS:GBLX) had a decrease of 38.01% in short interest. GBLX’s SI was 393,400 shares in April as released by FINRA. Its down 38.01% from 634,600 shares previously. With 1.19M avg volume, 0 days are for GB SCIENCES INC (OTCMKTS:GBLX)’s short sellers to cover GBLX’s short positions. The SI to GB SCIENCES INC’s float is 0.41%. The stock decreased 14.02% or $0.112 during the last trading session, reaching $0.687. About shares traded. GB Sciences, Inc. (OTCMKTS:GBLX) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

GB Sciences, Inc., through its subsidiaries, focuses on the development of cannabis plant into medicines, therapies, and treatments for various ailments. The company has market cap of $107.13 million. The firm intends to produce medical-grade cannabis, cannabis concentrates, and cannabinoid therapies through various technologies in plant biology, cultivation, and extraction techniques combined with biotechnology. It currently has negative earnings. It also focuses on the manufacture, production, leasing, and licensing of GrowBLOX, a controlled-climate indoor agricultural technology growing and cultivation chamber to produce medical grade cannabis and other plant extracts, as well as providing remote diagnostic monitoring and servicing of growing chambers to third party growers and processors of hemp, cannabis, and other plant extracts.

United Community Banks, Inc. operates as the bank holding firm for United Community Bank that provides retail and corporate banking services to individuals and businesses. The company has market cap of $2.50 billion. It offers various deposit accounts, such as checking accounts, savings and time deposits accounts, NOW accounts, money market deposits, and certificates of deposit. It has a 34.44 P/E ratio. The firm also provides secured and unsecured loans that include commercial real estate, commercial and industrial, commercial construction, residential construction and mortgage, consumer installment, and indirect auto loans, as well as home equity lines of credits and fixed and adjustable-rate home mortgage loans.

Investors sentiment decreased to 1.1 in 2017 Q4. Its down 0.57, from 1.67 in 2017Q3. It dropped, as 18 investors sold United Community Banks, Inc. shares while 59 reduced holdings. 26 funds opened positions while 59 raised stakes. 63.70 million shares or 0.69% less from 64.14 million shares in 2017Q3 were reported. State Common Retirement Fund, a New York-based fund reported 104,412 shares. Invesco Ltd has 227,590 shares. Manufacturers Life Insur The stated it has 166,485 shares. 42,788 were reported by Pinebridge Investments Lp. 1.09 million were accumulated by Systematic Fin Mngmt L P. Teacher Retirement Of Texas has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Pnc Services Grp invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Mason Street Advsr owns 18,671 shares or 0.01% of their US portfolio. Commercial Bank Of Montreal Can holds 126,833 shares or 0% of its portfolio. Great West Life Assurance Can holds 0.01% or 93,886 shares in its portfolio. Panagora Asset has invested 0.04% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI). Hbk Investments Lp has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI). Rhumbline Advisers holds 0.01% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI) for 172,123 shares. Moreover, M&T National Bank has 0% invested in United Community Banks, Inc. (NASDAQ:UCBI) for 16,501 shares. Pub Sector Pension Board invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI).

Among 9 analysts covering United Community Banks Inc (NASDAQ:UCBI), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. United Community Banks Inc had 19 analyst reports since January 21, 2016 according to SRatingsIntel. As per Tuesday, November 28, the company rating was maintained by SunTrust. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, September 1. The company was upgraded on Thursday, October 6 by Raymond James. Stephens maintained the shares of UCBI in report on Wednesday, July 26 with “Hold” rating. The firm has “Buy” rating by FIG Partners given on Wednesday, August 16. The company was maintained on Tuesday, June 27 by Stephens. On Friday, July 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by SunTrust with “Buy” on Monday, January 8. The stock has “Buy” rating by Sandler O’Neill on Thursday, January 25. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

United Community Banks, Inc. (NASDAQ:UCBI) Institutional Positions Chart

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