Zacks: Guaranty Federal Bancshares, Inc. (GFED) Given Average Recommendation of “Buy” by Brokerages

Shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) have received a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.

Brokerages have set a 12-month consensus target price of $25.00 for the company and are forecasting that the company will post $0.38 earnings per share for the current quarter, according to Zacks. Zacks has also given Guaranty Federal Bancshares an industry rank of 96 out of 265 based on the ratings given to its competitors.

GFED has been the subject of a number of analyst reports. ValuEngine downgraded shares of Guaranty Federal Bancshares from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Raymond James Financial reaffirmed a “buy” rating and issued a $25.00 target price on shares of Guaranty Federal Bancshares in a research report on Monday, December 4th. Finally, Zacks Investment Research raised shares of Guaranty Federal Bancshares from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Thursday, October 19th.

Shares of Guaranty Federal Bancshares (NASDAQ:GFED) traded up $0.38 during trading hours on Monday, hitting $22.17. 2,800 shares of the company were exchanged, compared to its average volume of 2,795. Guaranty Federal Bancshares has a fifty-two week low of $15.89 and a fifty-two week high of $23.71. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $98.03, a price-to-earnings ratio of 15.72 and a beta of 0.52.

Guaranty Federal Bancshares (NASDAQ:GFED) last issued its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The business had revenue of $7.62 million for the quarter, compared to analyst estimates of $7.36 million. Guaranty Federal Bancshares had a net margin of 18.63% and a return on equity of 8.65%. equities analysts predict that Guaranty Federal Bancshares will post 1.45 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in Guaranty Federal Bancshares by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 133,413 shares of the financial services provider’s stock valued at $2,602,000 after purchasing an additional 702 shares in the last quarter. Renaissance Technologies LLC grew its position in Guaranty Federal Bancshares by 1.2% in the first quarter. Renaissance Technologies LLC now owns 25,400 shares of the financial services provider’s stock valued at $484,000 after purchasing an additional 300 shares in the last quarter. Finally, ZPR Investment Management grew its position in Guaranty Federal Bancshares by 1.2% in the second quarter. ZPR Investment Management now owns 15,678 shares of the financial services provider’s stock valued at $332,000 after purchasing an additional 188 shares in the last quarter. 25.81% of the stock is owned by institutional investors and hedge funds.

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About Guaranty Federal Bancshares

Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.

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