FB Bancorp (NASDAQ:FBLA) Stock Rating Lowered by Wall Street Zen

FB Bancorp (NASDAQ:FBLA) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of FB Bancorp in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

FB Bancorp Price Performance

Shares of NASDAQ FBLA opened at $13.49 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.03 and a quick ratio of 0.98. The company has a market cap of $267.64 million, a price-to-earnings ratio of 192.71 and a beta of 0.09. The stock’s 50-day moving average is $13.21 and its two-hundred day moving average is $12.71. FB Bancorp has a 1-year low of $9.81 and a 1-year high of $14.00.

FB Bancorp (NASDAQ:FBLA) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter. FB Bancorp had a net margin of 1.48% and a return on equity of 0.96%. The company had revenue of $9.39 million during the quarter.

Institutional Trading of FB Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new stake in FB Bancorp during the 3rd quarter worth about $44,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of FB Bancorp in the 2nd quarter valued at about $60,000. New York State Common Retirement Fund purchased a new position in shares of FB Bancorp in the 2nd quarter valued at about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of FB Bancorp during the 2nd quarter worth about $110,000. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of FB Bancorp during the 2nd quarter worth about $119,000.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.