Shares of Hometrust Bancshares Inc (NASDAQ:HTBI) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Hometrust Bancshares’ rating score has declined by 50% from three months ago as a result of a number of analysts’ upgrades and downgrades.
Brokerages have set a 12-month consensus price target of $28.00 for the company and are forecasting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also assigned Hometrust Bancshares an industry rank of 73 out of 255 based on the ratings given to related companies.
Separately, BidaskClub upgraded shares of Hometrust Bancshares from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th.
Several large investors have recently modified their holdings of the company. Maltese Capital Management LLC lifted its stake in shares of Hometrust Bancshares by 1.5% in the 1st quarter. Maltese Capital Management LLC now owns 247,404 shares of the financial services provider’s stock worth $6,445,000 after purchasing an additional 3,600 shares during the period. Kennedy Capital Management Inc. lifted its stake in shares of Hometrust Bancshares by 1.2% in the 4th quarter. Kennedy Capital Management Inc. now owns 309,365 shares of the financial services provider’s stock worth $7,966,000 after purchasing an additional 3,774 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Hometrust Bancshares by 6.6% in the 4th quarter. Victory Capital Management Inc. now owns 67,935 shares of the financial services provider’s stock worth $1,749,000 after purchasing an additional 4,235 shares during the period. Ramsey Quantitative Systems bought a new position in shares of Hometrust Bancshares in the 4th quarter worth approximately $121,000. Finally, SG Americas Securities LLC bought a new position in shares of Hometrust Bancshares in the 1st quarter worth approximately $124,000. Hedge funds and other institutional investors own 60.55% of the company’s stock.
Hometrust Bancshares traded up $0.05, hitting $28.45, during midday trading on Thursday, according to MarketBeat Ratings. 34,600 shares of the company traded hands, compared to its average volume of 33,790. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $557.79 million, a P/E ratio of 30.27 and a beta of 0.24. Hometrust Bancshares has a 52 week low of $21.40 and a 52 week high of $29.60.
Hometrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Thursday, April 26th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.01. Hometrust Bancshares had a net margin of 4.40% and a return on equity of 5.97%. The business had revenue of $30.16 million for the quarter, compared to analysts’ expectations of $29.41 million.
Hometrust Bancshares Company Profile
HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations.
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