Guaranty Federal Bancshares (NASDAQ:GFED) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.
According to Zacks, “Guaranty Federal Bancshares, Inc. has a subsidiary corporation offering full banking services. The principal subsidiary, Guaranty Bank, is headquartered in Springfield, Missouri, and has nine full-service branches in Greene and Christian Counties and a Loan Production Office in Webster County. Guaranty Bank is a member of the MoneyPass and TransFund ATM networks which provide its customers surcharge free access to over 24,000 ATMs nationwide. “
GFED traded up $0.70 during midday trading on Tuesday, hitting $32.25. 2,075 shares of the company were exchanged, compared to its average volume of 5,067. The firm has a market capitalization of $141.38 million, a price-to-earnings ratio of 15.43 and a beta of 0.63. Guaranty Federal Bancshares has a 1-year low of $16.85 and a 1-year high of $33.69. The business has a 50 day moving average price of $29.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.93 and a quick ratio of 0.92.
Guaranty Federal Bancshares (NASDAQ:GFED) last announced its earnings results on Friday, October 22nd. The financial services provider reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.18. The firm had revenue of $14.91 million for the quarter, compared to the consensus estimate of $11.00 million. Guaranty Federal Bancshares had a return on equity of 9.89% and a net margin of 16.72%. On average, equities analysts predict that Guaranty Federal Bancshares will post 2.43 EPS for the current year.
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Several hedge funds have recently bought and sold shares of GFED. Dimensional Fund Advisors LP raised its position in shares of Guaranty Federal…
