HomeTrust Bancshares (NYSE:HTB) Downgraded by Wall Street Zen to “Sell”

HomeTrust Bancshares (NYSE:HTB) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Other equities research analysts also recently issued reports about the company. Weiss Ratings began coverage on HomeTrust Bancshares in a research note on Wednesday, January 14th. They set a “buy (b)” rating for the company. Hovde Group lowered shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

HomeTrust Bancshares Trading Up 0.6%

Shares of HTB opened at $43.19 on Friday. The firm has a market cap of $753.23 million, a price-to-earnings ratio of 11.55 and a beta of 0.88. The company has a quick ratio of 1.07, a current ratio of 1.12 and a debt-to-equity ratio of 0.40. HomeTrust Bancshares has a 1-year low of $30.95 and a 1-year high of $47.64.

HomeTrust Bancshares (NYSE:HTB) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. The company had revenue of $53.90 million during the quarter. HomeTrust Bancshares had a return on equity of 11.09% and a net margin of 22.01%.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.