Citizens Community Bancorp (NASDAQ:CZWI) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note released on Friday. The brokerage issued a buy rating on the bank’s stock.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $16.39 on Friday. The stock’s 50-day simple moving average is $14.31 and its 200-day simple moving average is $12.88. The firm has a market capitalization of $164.46 million, a PE ratio of 11.62 and a beta of 1.06. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $16.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. As a group, equities research analysts forecast that Citizens Community Bancorp will post 1.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Citizens Community Bancorp

Large investors have recently modified their holdings of the company. Barclays PLC purchased a new stake in Citizens Community Bancorp in the 3rd quarter valued at $48,000. O Shaughnessy Asset Management LLC purchased a new position in Citizens Community Bancorp during the 1st quarter worth $236,000. Commonwealth Equity Services LLC increased its stake in Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after buying an additional 10,445 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after buying an additional 2,948 shares during the period. 55.11% of the stock is owned by institutional investors and hedge funds.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.