$0.20 EPS Expected for Wingstop Inc. (WING); Shorts at Independent Bank (INDB) Raised By 5.26%

April 21, 2018 - By Linda Rogers

Independent Bank Corp. (NASDAQ:INDB) Logo

Analysts expect Wingstop Inc. (NASDAQ:WING) to report $0.20 EPS on May, 3 after the close.They anticipate $0.02 EPS change or 9.09% from last quarter’s $0.22 EPS. WING’s profit would be $5.83 million giving it 63.45 P/E if the $0.20 EPS is correct. After having $0.17 EPS previously, Wingstop Inc.’s analysts see 17.65% EPS growth. The stock decreased 0.14% or $0.07 during the last trading session, reaching $50.76. About 486,083 shares traded. Wingstop Inc. (NASDAQ:WING) has risen 89.00% since April 21, 2017 and is uptrending. It has outperformed by 77.45% the S&P500.

Independent Bank Corp (NASDAQ:INDB) had an increase of 5.26% in short interest. INDB’s SI was 993,200 shares in April as released by FINRA. Its up 5.26% from 943,600 shares previously. With 97,100 avg volume, 10 days are for Independent Bank Corp (NASDAQ:INDB)’s short sellers to cover INDB’s short positions. The SI to Independent Bank Corp’s float is 3.71%. The stock decreased 2.57% or $1.9 during the last trading session, reaching $72. About 110,942 shares traded or 54.37% up from the average. Independent Bank Corp. (NASDAQ:INDB) has risen 16.23% since April 21, 2017 and is uptrending. It has outperformed by 4.68% the S&P500.

Among 8 analysts covering Independent Bank (NASDAQ:INDB), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Independent Bank had 24 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of Independent Bank Corp. (NASDAQ:INDB) has “Hold” rating given on Monday, July 24 by Piper Jaffray. The firm earned “Neutral” rating on Wednesday, October 11 by Compass Point. The firm has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. On Sunday, July 23 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Hold” rating by Piper Jaffray given on Thursday, October 19. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. Keefe Bruyette & Woods maintained Independent Bank Corp. (NASDAQ:INDB) on Monday, June 26 with “Hold” rating. Compass Point upgraded Independent Bank Corp. (NASDAQ:INDB) on Friday, January 22 to “Buy” rating. The firm has “Sell” rating given on Wednesday, August 31 by Sandler O’Neill. On Friday, July 21 the stock rating was upgraded by Compass Point to “Buy”.

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $1.98 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 22.57 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

Since October 25, 2017, it had 1 insider buy, and 4 selling transactions for $208,287 activity. Shares for $85,526 were sold by MISKELL EILEEN C on Wednesday, October 25. ODDLEIFSON CHRISTOPHER also sold $87,125 worth of Independent Bank Corp. (NASDAQ:INDB) shares. The insider Abelli Donna L sold $43,302. RIBEIRO CARL had sold 700 shares worth $48,475. Cozzone Robert D had bought 788 shares worth $56,141.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.04, from 1.17 in 2017Q3. It increased, as 14 investors sold Independent Bank Corp. shares while 44 reduced holdings. 24 funds opened positions while 46 raised stakes. 21.68 million shares or 0.57% less from 21.80 million shares in 2017Q3 were reported. Louisiana State Employees Retirement Sys has 0.04% invested in Independent Bank Corp. (NASDAQ:INDB). 3,651 are held by Eastern Natl Bank. State Of Tennessee Treasury Department has invested 0.01% of its portfolio in Independent Bank Corp. (NASDAQ:INDB). Voya Invest Limited Liability Com has 0% invested in Independent Bank Corp. (NASDAQ:INDB). The North Carolina-based Natl Bank Of America De has invested 0% in Independent Bank Corp. (NASDAQ:INDB). Parallax Volatility Advisers L P owns 4,116 shares or 0% of their US portfolio. National Bank Of Montreal Can has invested 0% in Independent Bank Corp. (NASDAQ:INDB). 2,360 are held by Bollard Grp Ltd. Goldman Sachs Group Inc invested in 933,542 shares. Silvercrest Asset Group Limited Liability Com invested in 1.58 million shares or 1.02% of the stock. Rhumbline Advisers owns 68,105 shares. Pnc Fincl Grp Inc Inc reported 0% in Independent Bank Corp. (NASDAQ:INDB). Arizona State Retirement System, a Arizona-based fund reported 46,125 shares. Assetmark holds 0% or 9 shares. Glenmede Trust Na reported 0% of its portfolio in Independent Bank Corp. (NASDAQ:INDB).

Independent Bank Corp. (NASDAQ:INDB) Institutional Positions Chart

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