Equities research analysts expect that Citizens Community Bancorp Inc. (NASDAQ:CZWI) will announce earnings of $0.32 per share for the current quarter, Zacks reports. Two analysts have issued estimates for Citizens Community Bancorp’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.33. Citizens Community Bancorp posted earnings per share of $0.30 in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.7%. The business is expected to issue its next earnings results on Monday, August 3rd.
According to Zacks, analysts expect that Citizens Community Bancorp will report full-year earnings of $1.01 per share for the current financial year, with EPS estimates ranging from $0.86 to $1.16. For the next year, analysts anticipate that the company will report earnings of $0.84 per share, with EPS estimates ranging from $0.83 to $0.84. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Citizens Community Bancorp.
Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Thursday, July 30th. The bank reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $17.32 million for the quarter, compared to analysts’ expectations of $15.90 million. Citizens Community Bancorp had a net margin of 12.41% and a return on equity of 7.89%.
A number of research firms recently commented on CZWI. TheStreet lowered Citizens Community Bancorp from a “c” rating to a “d” rating in a research note on Tuesday, April 28th. Zacks Investment Research upgraded shares of Citizens Community Bancorp from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a research report on Monday, June 22nd.
CZWI stock opened at $6.62 on Tuesday. The company has a market capitalization of $73.82 million, a P/E ratio of 6.37 and a beta of 1.03. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.03 and a current ratio of 1.04. Citizens Community Bancorp has a 52-week low of $5.26 and a 52-week high of $12.75. The company has a fifty day moving average price of $6.98 and a 200-day moving average price of $8.45.
A number of institutional investors have recently modified their holdings of the business. State Street Corp raised its position in shares of Citizens Community Bancorp by 15.5% in the 1st quarter. State Street Corp now owns 28,847 shares of the bank’s stock worth $186,000 after acquiring an additional 3,867 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Citizens Community Bancorp by 31.4% during the 1st quarter. Alliancebernstein L.P. now owns 422,653 shares of the bank’s stock valued at $2,726,000 after purchasing an additional 101,046 shares in the last quarter. BlackRock Inc. grew its stake in Citizens Community Bancorp by 341.4% during the first quarter. BlackRock Inc. now owns 13,353 shares of the bank’s stock worth $86,000 after purchasing an additional 10,328 shares during the period. Renaissance Technologies LLC increased its holdings in Citizens Community Bancorp by 61.3% in the fourth quarter. Renaissance Technologies LLC now owns 40,000 shares of the bank’s stock worth $489,000 after purchasing an additional 15,200 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Citizens Community Bancorp by 28.8% in the first quarter. Wells Fargo & Company MN now owns 14,631 shares of the bank’s stock valued at $95,000 after buying an additional 3,269 shares during the period. Hedge funds and other institutional investors own 51.71% 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, Minnesota, and Michigan. It accepts various deposit products, including demand deposits, savings and money-market accounts, and certificates of deposit.
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