Citizens Community Bancorp (NASDAQ:CZWI) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began 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 Price Performance

Shares of NASDAQ:CZWI opened at $16.10 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock has a market cap of $161.48 million, a PE ratio of 11.42 and a beta of 1.06. The company’s fifty day moving average is $14.26 and its 200 day moving average is $12.85. Citizens Community Bancorp has a 52 week low of $10.14 and a 52 week high of $16.19.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $25.43 million during 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.

Hedge Funds Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of CZWI. Barclays PLC purchased a new position in Citizens Community Bancorp during the 3rd quarter valued at about $48,000. Geode Capital Management LLC grew its position in shares of Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after buying an additional 1,732 shares during the last quarter. Fourthstone LLC purchased a new position in shares of Citizens Community Bancorp during the third quarter valued at approximately $1,520,000. Empowered Funds LLC raised its holdings 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 in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Citizens Community Bancorp by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after acquiring an additional 2,986 shares during the period. 55.11% of the stock is owned by institutional investors.

About Citizens Community Bancorp

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.