Shares of Citizens Community Bancorp Inc. (NASDAQ:CZWI) have earned a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company. Citizens Community Bancorp’s rating score has improved by 16.5% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a 1 year consensus price objective of $14.25 for the company and are anticipating that the company will post $0.24 earnings per share for the current quarter, according to Zacks. Zacks has also given Citizens Community Bancorp an industry rank of 171 out of 255 based on the ratings given to related companies.
Separately, Hovde Group initiated coverage on shares of Citizens Community Bancorp in a research report on Friday, March 22nd. They set an “outperform” rating and a $14.00 target price for the company.
Shares of Citizens Community Bancorp stock opened at $12.02 on Friday. The stock has a market cap of $71.56 million, a P/E ratio of 17.68 and a beta of 0.38. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.46. Citizens Community Bancorp has a 12-month low of $10.50 and a 12-month high of $14.25.
Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, January 28th. The bank reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The firm had revenue of $12.57 million for the quarter, compared to analyst estimates of $12.40 million. Citizens Community Bancorp had a return on equity of 6.07% and a net margin of 8.33%.
Several institutional investors have recently made changes to their positions in CZWI. Maltese Capital Management LLC increased its position in shares of Citizens Community Bancorp by 900.0% during the 3rd quarter. Maltese Capital Management LLC now owns 584,610 shares of the bank’s stock worth $8,185,000 after purchasing an additional 526,149 shares in the last quarter. Cutler Capital Management LLC acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at about $2,956,000. Southside Capital LLC acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at about $1,459,000. Banc Funds Co. LLC increased its position in Citizens Community Bancorp by 1,405.8% in the 4th quarter. Banc Funds Co. LLC now owns 346,330 shares of the bank’s stock valued at $3,744,000 after acquiring an additional 323,330 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in Citizens Community Bancorp by 34.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 14,925 shares of the bank’s stock valued at $163,000 after acquiring an additional 3,850 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.
About Citizens Community Bancorp
Citizens Community Bancorp, Inc operates as a holding company for Citizens Community Federal N.A. that provides various consumer, commercial, and agricultural banking products and services in Wisconsin and Minnesota. It accepts various deposit products, including demand deposits, savings and money-market accounts, and certificates of deposit.
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