Here are today’s updates for Validea Growth investor model based on the published strategy of Martin Zweig. This strategy seeks growth stocks with persistently accelerating earnings and sales growth, reasonable valuations and low leverage.
MIDLAND STATES BANCORP INC (MSBI) is a small cap value stock in the money banking sector. The rating under our Martin Zweig-based strategy rose from 77% to 85% depending on the company’s underlying fundamentals and stock valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.
Company Description: Midland States Bancorp, Inc. is a diversified financial holding company. The Company, through its subsidiary, Midland States Bank (the Bank), is engaged in the provision of a range of commercial and consumer banking products and services, commercial equipment financing, credit card services merchant credit, trust and investment management, and insurance and financial planning services. . The Bank’s products and services include commercial loans, commercial real estate loans, construction and land development loans, residential real estate loans, consumer installment loans, commercial equipment leasing, deposit taking and wealth management. The Commercial Real Estate Loan offers home loans for owner-occupied and non-owner-occupied commercial properties. The construction portfolio includes loans to small and medium enterprises for the construction of owner-user properties, loans to developers of commercial real estate investment properties and residential developments and, to a lesser extent, loans to individuals.
The following table summarizes whether the stock meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy’s criteria.
| P/E RATIO: | PASS |
| REVENUE GROWTH VS EPS GROWTH: | FAIL |
| SALES GROWTH RATE: | PASS |
| CURRENT QUARTER BENEFITS: | PASS |
| QUARTERLY PROFITS FROM A YEAR AGO: | PASS |
| POSITIVE GROWTH RATE OF RESULTS FOR THE CURRENT QUARTER: | PASS |
| EARNINGS GROWTH RATE OVER THE LAST SEVERAL QUARTER: | PASS |
| EPS GROWTH FOR THE CURRENT QUARTER MUST BE HIGHER THAN THE PREVIOUS 3 QUARTERS: | PASS |
| EPS GROWTH FOR THE CURRENT QUARTER MUST BE ABOVE HISTORICAL GROWTH RATE: | PASS |
| PERSISTENCE OF BENEFITS: | FAIL |
| LONG-TERM EPS GROWTH: | PASS |
| INSIDER TRADING: | PASS |
Detailed Analysis of MIDLAND STATES BANCORP INC
Complete Guru Analysis for MSBI
More details on Validea’s Martin Zweig strategy
About Martin Zweig: Over the 15 years of tracking, Zweig’s stock recommendation newsletter has returned an average of 15.9% per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest . Zweig has managed both mutual funds and hedge funds during his career, and he’s put the fortune he amassed to good use. He’s owned what Forbes has reported to be New York’s most expensive apartment, a $70 million penthouse that sits atop Manhattan’s Pierre Hotel, and he’s a collector of all manner of pop culture. and historical memorabilia – among his purchases are the gun used by Clint Eastwood in ‘Dirty Harry’, a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to the ones he had seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is an investment research service that tracks the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, Click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.