Guaranty Bancorp (NASDAQ:GBNK) shares hit a new 52-week low on Monday . The company traded as low as $25.89 and last traded at $25.70, with a volume of 2800 shares. The stock had previously closed at $26.74.

A number of research analysts have weighed in on GBNK shares. Piper Jaffray Companies reissued a “hold” rating and set a $32.50 price target on shares of Guaranty Bancorp in a research note on Friday, August 10th. ValuEngine lowered Guaranty Bancorp from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research lowered Guaranty Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 10th. BidaskClub lowered Guaranty Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, September 11th. Finally, Keefe, Bruyette & Woods raised Guaranty Bancorp from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $32.00 to $38.00 in a research report on Wednesday, July 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Guaranty Bancorp currently has a consensus rating of “Hold” and a consensus price target of $34.63.

The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $783.72 million, a price-to-earnings ratio of 16.58, a price-to-earnings-growth ratio of 1.37 and a beta of 0.81.

Guaranty Bancorp (NASDAQ:GBNK) last issued its earnings results on Wednesday, October 17th. The financial services provider reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $41.06 million for the quarter, compared to analyst estimates of $41.31 million. Guaranty Bancorp had a return on equity of 13.18% and a net margin of 28.50%. Analysts predict that Guaranty Bancorp will post 1.95 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Alps Advisors Inc. raised its position in shares of Guaranty Bancorp by 10.3% in the 2nd quarter. Alps Advisors Inc. now owns 18,029 shares of the financial services provider’s stock worth $499,000 after buying an additional 1,677 shares during the period. TD Asset Management Inc. increased its holdings in Guaranty Bancorp by 5.7% in the 2nd quarter. TD Asset Management Inc. now owns 33,400 shares of the financial services provider’s stock valued at $995,000 after purchasing an additional 1,800 shares in the last quarter. Security National Bank increased its holdings in Guaranty Bancorp by 5.9% in the 3rd quarter. Security National Bank now owns 34,207 shares of the financial services provider’s stock valued at $1,016,000 after purchasing an additional 1,892 shares in the last quarter. Swiss National Bank increased its holdings in Guaranty Bancorp by 8.5% in the 2nd quarter. Swiss National Bank now owns 45,800 shares of the financial services provider’s stock valued at $1,365,000 after purchasing an additional 3,600 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in Guaranty Bancorp by 6.9% in the 2nd quarter. California Public Employees Retirement System now owns 59,750 shares of the financial services provider’s stock valued at $1,781,000 after purchasing an additional 3,842 shares in the last quarter. 73.50% of the stock is currently owned by institutional investors and hedge funds.

Guaranty Bancorp Company Profile (NASDAQ:GBNK)

Guaranty Bancorp operates as the bank holding company for Guaranty Bank and Trust Company that provides various banking and other financial services to consumers, and small to medium-sized businesses. The company accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit.

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