Guaranty Federal Bancshares (GFED) Downgraded by Zacks Investment Research to “Hold”

Guaranty Federal Bancshares (NASDAQ:GFED) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Guaranty Federal Bancshares, Inc. has a subsidiary corporation offering full banking services. The principal subsidiary, Guaranty Bank, is headquartered in Springfield, Missouri, and has nine full-service branches in Greene and Christian Counties and a Loan Production Office in Webster County. Guaranty Bank is a member of the MoneyPass and TransFund ATM networks which provide its customers surcharge free access to over 24,000 ATMs nationwide. “

Separately, Raymond James Financial reissued a “buy” rating and issued a $25.00 target price on shares of Guaranty Federal Bancshares in a report on Monday, December 4th.

Guaranty Federal Bancshares (NASDAQ:GFED) traded down $0.02 during trading on Tuesday, reaching $22.38. 700 shares of the company traded hands, compared to its average volume of 2,002. The stock has a market cap of $97.99, a price-to-earnings ratio of 18.34 and a beta of 0.18. Guaranty Federal Bancshares has a one year low of $15.89 and a one year high of $23.71. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.32.

Guaranty Federal Bancshares (NASDAQ:GFED) last released its earnings results on Friday, January 19th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.38. The company had revenue of $7.88 million during the quarter, compared to analyst estimates of $7.62 million. Guaranty Federal Bancshares had a net margin of 15.44% and a return on equity of 8.82%. analysts predict that Guaranty Federal Bancshares will post 1.79 EPS for the current fiscal year.

An institutional investor recently raised its position in Guaranty Federal Bancshares stock. Alliancebernstein L.P. increased its position in Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 96.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,407 shares of the financial services provider’s stock after acquiring an additional 12,950 shares during the quarter. Alliancebernstein L.P. owned about 0.60% of Guaranty Federal Bancshares worth $593,000 at the end of the most recent quarter. 26.07% of the stock is owned by institutional investors.

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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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