Brokerages predict that Citizens Community Bancorp Inc. (NASDAQ:CZWI) will post earnings per share (EPS) of $0.32 for the current quarter, according to Zacks. Two analysts have made estimates for Citizens Community Bancorp’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.33. Citizens Community Bancorp reported earnings of $0.30 per share during the same quarter last year, which indicates a positive year over year growth rate of 6.7%. The company is scheduled to issue its next earnings results on Monday, August 3rd.
On average, analysts expect that Citizens Community Bancorp will report full year earnings of $1.01 per share for the current year, with EPS estimates ranging from $0.86 to $1.16. For the next year, analysts expect that the business will post 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 cover Citizens Community Bancorp.
Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.07. The business had revenue of $17.32 million during the quarter, compared to the consensus estimate of $15.90 million. Citizens Community Bancorp had a return on equity of 7.89% and a net margin of 12.41%.
CZWI has been the topic of a number of recent research reports. TheStreet downgraded shares of Citizens Community Bancorp from a “c” rating to a “d” rating in a research report 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 objective on the stock in a research note on Monday, June 22nd.
Citizens Community Bancorp stock opened at $6.62 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.04 and a quick ratio of 1.03. Citizens Community Bancorp has a 12 month low of $5.26 and a 12 month high of $12.75. The company has a fifty day moving average price of $6.98 and a two-hundred day moving average price of $8.45. The company has a market cap of $73.82 million, a PE ratio of 6.37 and a beta of 1.03.
Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in Citizens Community Bancorp by 341.4% in the first quarter. BlackRock Inc. now owns 13,353 shares of the bank’s stock worth $86,000 after buying an additional 10,328 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Citizens Community Bancorp by 28.8% during the first quarter. Wells Fargo & Company MN now owns 14,631 shares of the bank’s stock valued at $95,000 after acquiring an additional 3,269 shares during the period. State Street Corp grew its position in shares of Citizens Community Bancorp by 15.5% during the first quarter. State Street Corp now owns 28,847 shares of the bank’s stock worth $186,000 after acquiring an additional 3,867 shares during the last quarter. Credit Suisse AG bought a new position in shares of Citizens Community Bancorp during the fourth quarter worth about $215,000. Finally, Geode Capital Management LLC increased its holdings in shares of Citizens Community Bancorp by 9.1% in the 4th quarter. Geode Capital Management LLC now owns 21,213 shares of the bank’s stock worth $259,000 after acquiring an additional 1,765 shares during the period. Institutional investors and hedge funds 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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