Citizens Community Bancorp (NASDAQ:CZWI) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note released on Friday morning. The brokerage issued a buy rating on the bank’s stock.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI opened at $16.10 on Friday. The company has a market capitalization of $161.48 million, a PE ratio of 11.42 and a beta of 1.06. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $16.19. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The company has a 50 day simple moving average of $14.26 and a two-hundred day simple moving average of $12.85.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, October 28th. The bank reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. The company had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Research analysts anticipate that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Institutional Investors Weigh In On Citizens Community Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC bought a new position in shares of Citizens Community Bancorp during the third quarter valued at about $48,000. O Shaughnessy Asset Management LLC bought a new position in shares of Citizens Community Bancorp during the 1st quarter worth approximately $236,000. Commonwealth Equity Services LLC boosted its stake in shares of Citizens Community Bancorp by 10.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after buying an additional 2,000 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after acquiring an additional 10,445 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after acquiring an additional 2,948 shares during the last quarter. Institutional investors and hedge funds own 55.11% 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.