FS Bancorp Inc (NASDAQ:FSBW) has been assigned a consensus broker rating score of 2.00 (Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company.
Brokers have set a 12 month consensus price target of $57.00 for the company and are anticipating that the company will post $1.15 EPS for the current quarter, according to Zacks. Zacks has also given FS Bancorp an industry rank of 96 out of 256 based on the ratings given to its competitors.
Several research analysts have recently issued reports on the stock. ValuEngine cut shares of FS Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Zacks Investment Research cut shares of FS Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, September 26th. Finally, Raymond James lowered their target price on shares of FS Bancorp from $68.00 to $60.00 and set an “outperform” rating for the company in a report on Thursday, November 15th.
NASDAQ FSBW traded up $0.45 on Monday, hitting $45.40. 11,351 shares of the stock were exchanged, compared to its average volume of 12,150. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 0.72. FS Bancorp has a fifty-two week low of $41.25 and a fifty-two week high of $66.40. The stock has a market capitalization of $170.18 million, a PE ratio of 10.89, a price-to-earnings-growth ratio of 1.18 and a beta of 0.88.
FS Bancorp (NASDAQ:FSBW) last posted its quarterly earnings results on Thursday, October 25th. The bank reported $1.07 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.04). FS Bancorp had a return on equity of 12.76% and a net margin of 21.47%. The firm had revenue of $17.66 million for the quarter, compared to analyst estimates of $17.96 million. On average, equities research analysts expect that FS Bancorp will post 4.56 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the stock. American Century Companies Inc. acquired a new stake in FS Bancorp during the 2nd quarter worth $209,000. Bessemer Group Inc. boosted its stake in FS Bancorp by 128.6% during the 3rd quarter. Bessemer Group Inc. now owns 4,800 shares of the bank’s stock worth $267,000 after purchasing an additional 2,700 shares during the period. First Trust Advisors LP boosted its stake in FS Bancorp by 21.5% during the 2nd quarter. First Trust Advisors LP now owns 5,224 shares of the bank’s stock worth $330,000 after purchasing an additional 926 shares during the period. Schwab Charles Investment Management Inc. acquired a new stake in FS Bancorp during the 2nd quarter worth $380,000. Finally, Wells Fargo & Company MN boosted its stake in FS Bancorp by 267.4% during the 3rd quarter. Wells Fargo & Company MN now owns 12,379 shares of the bank’s stock worth $690,000 after purchasing an additional 9,010 shares during the period. Hedge funds and other institutional investors own 59.89% of the company’s stock.
FS Bancorp Company Profile
FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposits.
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