EPS for Old Second Bancorp, Inc. (OSBC) Expected At $0.22; Xerium Tech (XRM) Shorts Lowered By 36.2%

February 19, 2018 - By Pete Kolinski

Analysts expect Old Second Bancorp, Inc. (NASDAQ:OSBC) to report $0.22 EPS on March, 12.OSBC’s profit would be $6.52M giving it 15.97 P/E if the $0.22 EPS is correct. After having $0.27 EPS previously, Old Second Bancorp, Inc.’s analysts see -18.52% EPS growth. The stock increased 1.08% or $0.15 during the last trading session, reaching $14.05. About 43,610 shares traded. Old Second Bancorp, Inc. (NASDAQ:OSBC) has risen 67.15% since February 19, 2017 and is uptrending. It has outperformed by 50.45% the S&P500.

Xerium Tech Incorporated (NYSE:XRM) had a decrease of 36.2% in short interest. XRM’s SI was 92,700 shares in February as released by FINRA. Its down 36.2% from 145,300 shares previously. With 125,400 avg volume, 1 days are for Xerium Tech Incorporated (NYSE:XRM)’s short sellers to cover XRM’s short positions. The SI to Xerium Tech Incorporated’s float is 0.94%. The stock decreased 0.89% or $0.05 during the last trading session, reaching $5.58. About 78,965 shares traded. Xerium Technologies, Inc. (NYSE:XRM) has risen 21.00% since February 19, 2017 and is uptrending. It has outperformed by 4.30% the S&P500.

Since September 1, 2017, it had 0 buys, and 1 insider sale for $24,160 activity. Shares for $24,160 were sold by Gurandiano Jay J on Friday, September 1.

Xerium Technologies, Inc. manufactures and supplies consumable products primarily used in the production of paper. The company has market cap of $91.33 million. The firm operates through two divisions, Machine Clothing and Roll Covers. It currently has negative earnings. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.40, from 0.81 in 2017Q2. It is positive, as 3 investors sold Xerium Technologies, Inc. shares while 16 reduced holdings. 12 funds opened positions while 11 raised stakes. 10.10 million shares or 3.33% less from 10.45 million shares in 2017Q2 were reported. Tocqueville Asset L P holds 0.06% or 1.15M shares in its portfolio. Rutabaga Limited Com Ma stated it has 967,208 shares or 0.99% of all its holdings. The New York-based Blackrock has invested 0% in Xerium Technologies, Inc. (NYSE:XRM). Deutsche National Bank Ag invested 0% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM). Bridgeway Capital Management holds 0% or 80,136 shares. Susquehanna Intll Gru Ltd Liability Partnership holds 0% in Xerium Technologies, Inc. (NYSE:XRM) or 19,146 shares. Redwood Mngmt Lc has invested 0.06% in Xerium Technologies, Inc. (NYSE:XRM). Jacobs Levy Equity Management owns 11,678 shares. Invesco Limited accumulated 43,288 shares. Archer Cap L P reported 21,530 shares or 0.05% of all its holdings. Renaissance Techs Ltd Liability Corporation owns 389,900 shares or 0% of their US portfolio. Robotti Robert reported 304,109 shares. Weber Alan W has 77,258 shares for 0.17% of their portfolio. Gsa Cap Ptnrs Llp invested 0.01% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM). Macquarie Gru has 0% invested in Xerium Technologies, Inc. (NYSE:XRM).

Since September 18, 2017, it had 2 insider purchases, and 8 insider sales for $526,562 activity. Tapscott James F bought $14,250 worth of stock or 1,000 shares. SKOGLUND WILLIAM B had sold 3,850 shares worth $46,711 on Monday, September 18. Ladowicz John also sold $200,340 worth of Old Second Bancorp, Inc. (NASDAQ:OSBC) shares. On Monday, January 29 Gottschalk Keith sold $7,232 worth of Old Second Bancorp, Inc. (NASDAQ:OSBC) or 500 shares.

Old Second Bancorp, Inc. operates as a bank holding firm for Old Second National Bank that provides a range of banking services. The company has market cap of $416.26 million. The firm accepts demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts. It has a 28.1 P/E ratio. It also offers revolving lines of credit for working capital; lending for capital expenditures on manufacturing equipment; lending to small business makes, service companies, medical and dental entities, and specialty contractors; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage loans, second mortgage loans, and home equity line of credit mortgages; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans, as well as student loans; and overdraft checking.

Among 4 analysts covering Old Second Bancorp (NASDAQ:OSBC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Old Second Bancorp had 10 analyst reports since October 23, 2015 according to SRatingsIntel. On Wednesday, May 31 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Wood upgraded the shares of OSBC in report on Wednesday, January 3 to “Outperform” rating. The rating was upgraded by Sandler O’Neill on Thursday, December 14 to “Buy”. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, October 19. Keefe Bruyette & Woods maintained Old Second Bancorp, Inc. (NASDAQ:OSBC) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Hold” rating and $11.5 target. Keefe Bruyette & Woods upgraded it to “Buy” rating and $17.0 target in Tuesday, January 2 report. The firm earned “Hold” rating on Thursday, July 27 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21.

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