County Bancorp (NASDAQ:ICBK) released its earnings results on Friday. The financial services provider reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.33, MarketWatch Earnings reports. County Bancorp had a return on equity of 5.76% and a net margin of 6.13%.
NASDAQ ICBK traded up $1.55 during midday trading on Friday, hitting $21.21. 39,747 shares of the company traded hands, compared to its average volume of 15,325. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market cap of $132.99 million, a PE ratio of 34.77 and a beta of 0.96. The company’s 50-day simple moving average is $22.13 and its 200-day simple moving average is $20.20. County Bancorp has a 52 week low of $13.55 and a 52 week high of $27.08.
Several research analysts recently issued reports on the company. Zacks Investment Research cut County Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, January 13th. Maxim Group reissued a “buy” rating and issued a $27.00 price objective on shares of County Bancorp in a research note on Friday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $24.30.
In other County Bancorp news, insider Mark Andrew Miller sold 2,000 shares of the stock in a transaction on Monday, November 16th. The stock was sold at an average price of $20.23, for a total transaction of $40,460.00. Following the sale, the insider now owns 29,298 shares of the company’s stock, valued at approximately $592,698.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Wayne D. Mueller sold 29,948 shares of the stock in a transaction on Friday, November 13th. The shares were sold at an average price of $20.79, for a total value of $622,618.92. Insiders have sold a total of 45,889 shares of company stock worth $962,660 in the last ninety days. Insiders own 24.10% of the company’s stock.
About County Bancorp
County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of consumer and commercial banking services to individuals, businesses, and industries primarily in northeastern and central Wisconsin. It accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.
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