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EPS for Ameris Bancorp (ABCB) Expected At $0.87; Schmitt Industries (SMIT) Sentiment Is 2

Schmitt Industries, Inc. (NASDAQ:SMIT) Logo

Analysts expect Ameris Bancorp (NASDAQ:ABCB) to report $0.87 EPS on July, 20.They anticipate $0.24 EPS change or 38.10% from last quarter’s $0.63 EPS. ABCB’s profit would be $35.65M giving it 16.19 P/E if the $0.87 EPS is correct. After having $0.73 EPS previously, Ameris Bancorp’s analysts see 19.18% EPS growth. The stock decreased 0.27% or $0.15 during the last trading session, reaching $56.35. About 444,266 shares traded or 78.17% up from the average. Ameris Bancorp (NASDAQ:ABCB) has risen 24.50% since June 17, 2017 and is uptrending. It has outperformed by 11.93% the S&P500. Some Historical ABCB News: ; 09/05/2018 – U.S. FEDERAL RESERVE APPROVES MERGER BETWEEN AMERIS BANCORP ABCB.O AND ATLANTIC COAST FINANCIAL CORPORATION ACFC.O; 19/04/2018 – DJ Ameris Bancorp, Inst Holders, 1Q 2018 (ABCB); 22/03/2018 – Atlantic Coast Financial: Ameris Deal Expected to Close During 2Q; 22/03/2018 Atlantic Coast Financial Corporation Stockholders Approve Merger With Ameris Bancorp; 21/04/2018 – DJ Opus Magnum Ameris Inc, Inst Holders, 1Q 2018 (OPUS); 25/04/2018 – AMERIS BANCORP – ENTERED INTO FOURTH AMENDMENT TO LOAN AGREEMENT TO INCREASE MAXIMUM AMOUNT OF REVOLVING LOANS TO $100 MLN – SEC FILING; 10/05/2018 – Atlantic Coast Financial: Merger With Ameris Bancorp Has Received Stockholder and Regulatory Approval; 20/04/2018 – Ameris Bancorp 1Q EPS 70c; 09/05/2018 – FEDERAL RESERVE BOARD OKS AMERIS BANCORP BUY OF ATLANTIC COAST; 22/03/2018 – ATLANTIC COAST FINL HOLDERS APPROVE MERGER WITH AMERIS BANCORP

Schmitt Industries Inc (SMIT) investors sentiment decreased to 2 in 2018 Q1. It’s down -2.00, from 4 in 2017Q4. The ratio has worsened, as 6 investment managers increased or started new equity positions, while 3 decreased and sold positions in Schmitt Industries Inc. The investment managers in our database now own: 1.19 million shares, down from 2.32 million shares in 2017Q4. Also, the number of investment managers holding Schmitt Industries Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 3 New Position: 3.

Since February 2, 2018, it had 0 buys, and 6 sales for $2.96 million activity. $274,059 worth of stock was sold by Zember Dennis J JR on Friday, February 2. HORTMAN EDWIN W JR sold $535,800 worth of stock or 10,000 shares. Ezzell Robert Dale had sold 6,800 shares worth $384,880 on Monday, May 21. Bassett Lawton E III had sold 823 shares worth $43,741.

Investors sentiment decreased to 1.15 in Q1 2018. Its down 0.27, from 1.42 in 2017Q4. It fall, as 13 investors sold Ameris Bancorp shares while 53 reduced holdings. 20 funds opened positions while 56 raised stakes. 32.51 million shares or 8.67% more from 29.91 million shares in 2017Q4 were reported. Ftb Inc holds 0% of its portfolio in Ameris Bancorp (NASDAQ:ABCB) for 515 shares. Kennedy Mngmt has invested 0.69% in Ameris Bancorp (NASDAQ:ABCB). Vanguard Grp Incorporated Inc holds 3.48M shares or 0.01% of its portfolio. Jennison Ltd Liability Co holds 0.03% or 553,872 shares. Service Automobile Association owns 6,026 shares or 0% of their US portfolio. Montag A Associates has 0.07% invested in Ameris Bancorp (NASDAQ:ABCB). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Millrace Asset Grp Incorporated has 37,500 shares for 1.92% of their portfolio. Rmb Capital Mgmt Ltd Liability invested in 40,399 shares or 0.05% of the stock. Amer Gp Inc has 0% invested in Ameris Bancorp (NASDAQ:ABCB) for 23,220 shares. Redwood Invs Limited Liability Company holds 1.69% or 434,275 shares in its portfolio. United Cap Advisers Limited Liability Com reported 15,299 shares. Swiss Fincl Bank has invested 0% in Ameris Bancorp (NASDAQ:ABCB). Polaris Capital Mgmt holds 1.36M shares. Optimum Advisors reported 2,200 shares.

Ameris Bancorp operates as the holding firm for Ameris Bank that provides banking services to retail and commercial clients primarily in Georgia, Alabama, Florida, and South Carolina. The company has market cap of $2.31 billion. The firm operates through four divisions: Banking Division, Retail Mortgage Division, Warehouse Lending Division, and SBA Division. It has a 26.87 P/E ratio. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

Among 10 analysts covering Ameris Bancorp (NASDAQ:ABCB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Ameris Bancorp had 31 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Ameris Bancorp (NASDAQ:ABCB) earned “Outperform” rating by Cowen & Co on Monday, November 2. SunTrust maintained the stock with “Buy” rating in Friday, November 17 report. The stock of Ameris Bancorp (NASDAQ:ABCB) has “Hold” rating given on Monday, June 26 by Keefe Bruyette & Woods. The stock of Ameris Bancorp (NASDAQ:ABCB) has “Buy” rating given on Monday, February 26 by Keefe Bruyette & Woods. On Monday, April 23 the stock rating was maintained by SunTrust with “Buy”. The rating was downgraded by Zacks to “Hold” on Monday, August 24. Piper Jaffray maintained Ameris Bancorp (NASDAQ:ABCB) on Wednesday, December 23 with “Overweight” rating. The stock has “Hold” rating by Piper Jaffray on Monday, October 23. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, September 27 report. Stephens maintained Ameris Bancorp (NASDAQ:ABCB) on Friday, July 21 with “Buy” rating.

Teton Advisors Inc. holds 0.18% of its portfolio in Schmitt Industries, Inc. for 697,029 shares. A.R.T. Advisors Llc owns 10,820 shares or 0% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 15,669 shares. The New York-based Blackrock Inc. has invested 0% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 70,802 shares.

Since January 1, 0001, it had 1 buy, and 1 insider sale for $23,615 activity.

Schmitt Industries, Inc., together with its subsidiaries, designs, makes, and sells test and measurement products worldwide. The company has market cap of $9.63 million. The companyÂ’s Balancer segment offers computer-controlled vibration detection, balancing, and process control systems. It currently has negative earnings. The Company’s products comprise Schmitt Dynamic Balance System, which consists of a vibration sensor, a computer control unit, and a balance head; SB-5500, an optional acoustic emission monitoring system control card to monitor the AE signals generated on the grinding machine; process control cards to provide enhanced control of the grinding process; SB-2000, a compact manual balancing system; and AE-1000, an AE control platform, which reduces air machine grinding time.

The stock decreased 1.63% or $0.04 during the last trading session, reaching $2.41. About 19,467 shares traded. Schmitt Industries, Inc. (SMIT) has risen 36.36% since June 17, 2017 and is uptrending. It has outperformed by 23.79% the S&P500.

Ameris Bancorp (NASDAQ:ABCB) Ratings Chart

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