FirstSun Capital Bancorp (NASDAQ:FSUN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

FirstSun Capital Bancorp (NASDAQ:FSUN) has been given an average recommendation of “Moderate Buy” by the five research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $46.00.

A number of research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of FirstSun Capital Bancorp in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of FirstSun Capital Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th.

FirstSun Capital Bancorp Price Performance

NASDAQ FSUN opened at $40.15 on Tuesday. FirstSun Capital Bancorp has a 12 month low of $31.70 and a 12 month high of $45.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.01 and a quick ratio of 1.00. The firm has a market capitalization of $1.12 billion, a PE ratio of 12.83 and a beta of 1.02. The company’s 50 day simple moving average is $38.87 and its 200 day simple moving average is $36.87.

FirstSun Capital Bancorp (NASDAQ:FSUN) last posted its quarterly earnings data on Monday, October 27th. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). FirstSun Capital Bancorp had a net margin of 15.99% and a return on equity of 9.24%. As a group, equities research analysts forecast that FirstSun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. acquired a new position in FirstSun Capital Bancorp in the second quarter worth approximately $45,000. KLP Kapitalforvaltning AS acquired a new position in FirstSun Capital Bancorp in the first quarter worth approximately $69,000. Police & Firemen s Retirement System of New Jersey acquired a new position in FirstSun Capital Bancorp in the second quarter worth approximately $97,000. New York State Common Retirement Fund acquired a new position in FirstSun Capital Bancorp in the second quarter worth approximately $139,000. Finally, Quantbot Technologies LP grew its position in FirstSun Capital Bancorp by 508.9% in the second quarter. Quantbot Technologies LP now owns 4,871 shares of the company’s stock worth $169,000 after buying an additional 4,071 shares during the last quarter.

About FirstSun Capital Bancorp

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.