Zacks: Guaranty Federal Bancshares, Inc. (GFED) Receives Average Recommendation of “Buy” from Analysts

Shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) have been assigned an average broker rating score of 2.00 (Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.

Brokers have set a 12 month consensus price objective of $25.00 for the company and are predicting that the company will post $0.38 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Guaranty Federal Bancshares an industry rank of 87 out of 265 based on the ratings given to related companies.

GFED has been the topic of several analyst reports. ValuEngine lowered 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 restated a “buy” rating and set a $25.00 price target on shares of Guaranty Federal Bancshares in a research report on Monday. Finally, Zacks Investment Research upgraded shares of Guaranty Federal Bancshares from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, October 19th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. ZPR Investment Management grew its position in shares of 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 during the period. Renaissance Technologies LLC grew its position in shares of 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 during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of 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 during the period. Institutional investors and hedge funds own 25.81% of the company’s stock.

Guaranty Federal Bancshares (NASDAQ GFED) traded down $0.67 during mid-day trading on Friday, reaching $21.45. 2,200 shares of the company traded hands, compared to its average volume of 2,833. The firm has a market capitalization of $97.81, a price-to-earnings ratio of 15.69 and a beta of 0.52. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.32. Guaranty Federal Bancshares has a 52 week low of $15.89 and a 52 week high of $23.71.

Guaranty Federal Bancshares (NASDAQ:GFED) last released its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The company 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%. research analysts predict that Guaranty Federal Bancshares will post 1.45 EPS for the current year.

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Guaranty Federal Bancshares Company Profile

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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