Allegiance Bancshares, Inc. (ABTX) Forms Bullish Wedge Up Pattern at $40.50

April 16, 2018 - By Jeanette Garcia

Allegiance Bancshares, Inc. (ABTX) formed up wedge with $44.15 PT or 9.00 % above Apr, 16, $40.50 share price. At our $44.15 PT, the company worth will be $48.42M more.

At traded at $40.5 lastly.It’s uptrending since April 16, 2017 and is 12.29% down. The stock outperformed the S&P 500 by 0.74%.

Analysts await Allegiance Bancshares, Inc. (NASDAQ:ABTX) to report earnings on April, 24. They expect $0.61 earnings per share, up 35.56 % or $0.16 from last year’s $0.45 per share. ABTX’s profit will be $8.10M for 16.60 P/E if the $0.61 EPS becomes a reality. After $0.51 actual earnings per share reported by Allegiance Bancshares, Inc. for the previous quarter, Wall Street now forecasts 19.61 % EPS growth.

Allegiance Bancshares, Inc. (NASDAQ:ABTX) Analyst Ratings Chart

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