Guaranty Federal Bancshares’ (GFED) “Buy” Rating Reaffirmed at Raymond James Financial

Raymond James Financial reissued their buy rating on shares of Guaranty Federal Bancshares (NASDAQ:GFED) in a research report sent to investors on Monday. The brokerage currently has a $25.00 price target on the financial services provider’s stock.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research upgraded Guaranty Federal Bancshares from a hold rating to a buy rating and set a $24.00 target price on the stock in a research report on Thursday, October 19th. ValuEngine downgraded Guaranty Federal Bancshares from a strong-buy rating to a buy rating in a research report on Monday, October 2nd.

Guaranty Federal Bancshares (NASDAQ:GFED) traded up $0.07 during mid-day trading on Monday, hitting $22.12. The stock had a trading volume of 1,000 shares, compared to its average volume of 2,836. The company has a market capitalization of $97.50, a price-to-earnings ratio of 15.64 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 earnings results on Tuesday, October 17th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $7.62 million during the quarter, compared to analyst estimates of $7.36 million. Guaranty Federal Bancshares had a return on equity of 8.65% and a net margin of 18.63%. equities research analysts anticipate that Guaranty Federal Bancshares will post 1.45 earnings per share for the current year.

Large investors have recently bought and sold shares of the business. ZPR Investment Management lifted its position in shares of Guaranty Federal Bancshares by 1.2% during the second quarter. ZPR Investment Management now owns 15,678 shares of the financial services provider’s stock worth $332,000 after acquiring an additional 188 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Guaranty Federal Bancshares by 1.2% during the first quarter. Renaissance Technologies LLC now owns 25,400 shares of the financial services provider’s stock worth $484,000 after acquiring an additional 300 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Guaranty Federal Bancshares by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 133,413 shares of the financial services provider’s stock worth $2,602,000 after acquiring an additional 702 shares in the last quarter. Hedge funds and other institutional investors own 25.81% of the company’s stock.

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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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