Sandy Spring Bancorp (NASDAQ:SASR) Now Covered by StockNews.com

StockNews.com started coverage on shares of Sandy Spring Bancorp (NASDAQ:SASR – Get Free Report) in a report issued on Thursday. The firm set a “sell” rating on the bank’s stock. Sandy Spring Bancorp Price Performance NASDAQ:SASR opened at $34.19 on Thursday. The company has a market cap of $1.54 billion, a P/E ratio of 17.99 [...]

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StockNews.com started coverage on shares of Sandy Spring Bancorp ( NASDAQ:SASR – Get Free Report ) in a report issued on Thursday. The firm set a “sell” rating on the bank’s stock.

Sandy Spring Bancorp Price Performance NASDAQ:SASR opened at $34.19 on Thursday. The company has a market cap of $1.



54 billion, a P/E ratio of 17.99 and a beta of 0.96.

The firm’s fifty day moving average price is $35.80 and its two-hundred day moving average price is $31.18.

Sandy Spring Bancorp has a one year low of $19.52 and a one year high of $39.55.

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 1.

02. Sandy Spring Bancorp ( NASDAQ:SASR – Get Free Report ) last announced its quarterly earnings results on Monday, October 21st. The bank reported $0.

40 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.06).

The company had revenue of $189.81 million during the quarter, compared to analyst estimates of $101.60 million.

Sandy Spring Bancorp had a net margin of 11.54% and a return on equity of 5.71%.

During the same quarter last year, the company posted $0.62 EPS. Equities analysts expect that Sandy Spring Bancorp will post 1.

85 earnings per share for the current year. Institutional Inflows and Outflows Sandy Spring Bancorp Company Profile ( Get Free Report ) 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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