Zacks: Brokerages Anticipate Citizens Community Bancorp, Inc. (NASDAQ:CZWI) to Announce $0.29 Earnings Per Share


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Brokerages forecast that Citizens Community Bancorp, Inc. (NASDAQ:CZWI) will report earnings per share of $0.29 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Citizens Community Bancorp’s earnings, with estimates ranging from $0.28 to $0.29. Citizens Community Bancorp posted earnings of $0.26 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 11.5%. The business is scheduled to announce its next earnings results on Monday, January 25th.

On average, analysts expect that Citizens Community Bancorp will report full year earnings of $1.07 per share for the current fiscal year, with EPS estimates ranging from $1.06 to $1.07. For the next fiscal year, analysts forecast that the business will post earnings of $1.09 per share, with EPS estimates ranging from $1.08 to $1.10. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Citizens Community Bancorp.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings data on Sunday, November 1st. The bank reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. Citizens Community Bancorp had a net margin of 15.10% and a return on equity of 7.69%. The business had revenue of $16.97 million during the quarter, compared to the consensus estimate of $16.40 million.

A number of brokerages recently weighed in on CZWI. TheStreet raised shares of Citizens Community Bancorp from a “d+” rating to a “c-” rating in a research report on Thursday, October 1st. Zacks Investment Research cut shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, January 4th. Finally, ValuEngine upgraded shares of Citizens Community Bancorp from a “strong sell” rating to a “sell” rating in a research report on Tuesday, December 1st.

Shares of NASDAQ:CZWI traded up $0.21 during trading on Wednesday, reaching $11.18. 6,133 shares of the company’s stock traded hands, compared to its average volume of 12,329. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.06 and a quick ratio of 1.05. Citizens Community Bancorp has a 12 month low of $5.26 and a 12 month high of $12.32. The company has a 50 day moving average of $10.35 and a 200-day moving average of $7.96. The stock has a market capitalization of $124.71 million, a P/E ratio of 9.97 and a beta of 1.09.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its position in Citizens Community Bancorp by 12.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 16,277 shares of the bank’s stock worth $112,000 after purchasing an additional 1,792 shares during the last quarter. Bridgeway Capital Management Inc. lifted its stake in shares of Citizens Community Bancorp by 41.4% in the 2nd quarter. Bridgeway Capital Management Inc. now owns 106,900 shares of the bank’s stock worth $733,000 after acquiring an additional 31,300 shares during the period. Finally, Banc Funds Co. LLC lifted its stake in shares of Citizens Community Bancorp by 12.7% in the 3rd quarter. Banc Funds Co. LLC now owns 1,022,468 shares of the bank’s stock worth $7,045,000 after acquiring an additional 114,961 shares during the period. Hedge funds and other institutional investors own 48.15% of the company’s stock.

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.

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