Citizens Financial Services (OTCBB:CZFS) posted its quarterly earnings data on Wednesday. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.35 by ($0.09), MarketWatch Earnings reports. Citizens Financial Services had a net margin of 27.96% and a return on equity of 13.46%. The business had revenue of $13.95 million for the quarter, compared to analysts’ expectations of $14.45 million.
Citizens Financial Services has a 1-year low of $50.10 and a 1-year high of $65.00. The firm has a market capitalization of $212.03 million, a price-to-earnings ratio of 11.77 and a beta of 0.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.93 and a quick ratio of 0.93.
In other news, Director Christopher W. Kunes bought 1,000 shares of the stock in a transaction on Tuesday, April 30th. The stock was acquired at an average cost of $61.00 per share, for a total transaction of $61,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Rinaldo A. Depaola bought 815 shares of the stock in a transaction on Tuesday, February 5th. The stock was purchased at an average price of $59.71 per share, with a total value of $48,663.65. The disclosure for this purchase can be found here. Insiders acquired a total of 2,056 shares of company stock valued at $123,981 over the last quarter. Company insiders own 12.30% of the company’s stock.
A number of equities analysts recently issued reports on the company. Boenning Scattergood set a $63.00 price objective on Citizens Financial Services and gave the company a “buy” rating in a report on Friday, April 26th. Zacks Investment Research cut Citizens Financial Services from a “hold” rating to a “sell” rating in a report on Wednesday.
Citizens Financial Services Company Profile
Citizens Financial Services, Inc operates as the holding company for First Citizens Community Bank that provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts.
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