Shares of FS Bancorp Inc (NASDAQ:FSBW) have earned a consensus broker rating score of 2.00 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

Brokerages have set a 1-year consensus price target of $57.33 for the company and are expecting that the company will post $1.40 earnings per share for the current quarter, according to Zacks. Zacks has also given FS Bancorp an industry rank of 232 out of 256 based on the ratings given to related companies.

A number of brokerages recently issued reports on FSBW. ValuEngine raised shares of XOMA from a “sell” rating to a “hold” rating in a research report on Friday, May 24th. Zacks Investment Research lowered shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.

FSBW stock traded down $0.50 on Monday, reaching $49.51. 230 shares of the company were exchanged, compared to its average volume of 11,985. FS Bancorp has a 12 month low of $41.25 and a 12 month high of $63.82. The company has a fifty day simple moving average of $49.10. The stock has a market capitalization of $224.67 million, a price-to-earnings ratio of 10.81, a PEG ratio of 1.29 and a beta of 1.03. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.55.

FS Bancorp (NASDAQ:FSBW) last announced its earnings results on Thursday, April 25th. The bank reported $1.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.27 by ($0.09). FS Bancorp had a return on equity of 12.15% and a net margin of 25.72%. The company had revenue of $22.24 million for the quarter, compared to the consensus estimate of $22.36 million. On average, sell-side analysts anticipate that FS Bancorp will post 5.55 earnings per share for the current fiscal year.

In other FS Bancorp news, VP Debra Lynn Steck sold 30,540 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $48.02, for a total value of $1,466,530.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 8.62% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Rhumbline Advisers bought a new position in FS Bancorp during the fourth quarter worth $205,000. First Trust Advisors LP increased its holdings in FS Bancorp by 13.8% in the 4th quarter. First Trust Advisors LP now owns 11,556 shares of the bank’s stock valued at $496,000 after buying an additional 1,402 shares during the period. BlackRock Inc. increased its holdings in FS Bancorp by 20.3% in the 4th quarter. BlackRock Inc. now owns 195,350 shares of the bank’s stock valued at $8,375,000 after buying an additional 32,949 shares during the period. Bank of New York Mellon Corp increased its holdings in FS Bancorp by 22.7% in the 4th quarter. Bank of New York Mellon Corp now owns 31,546 shares of the bank’s stock valued at $1,352,000 after buying an additional 5,838 shares during the period. Finally, Martingale Asset Management L P increased its holdings in FS Bancorp by 22.7% in the 4th quarter. Martingale Asset Management L P now owns 35,609 shares of the bank’s stock valued at $1,527,000 after buying an additional 6,596 shares during the period. 56.26% of the stock is currently owned by hedge funds and other institutional investors.

FS Bancorp Company Profile

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.

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