PCSB Financial (NASDAQ:PCSB) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
Shares of PCSB Financial (NASDAQ:PCSB) opened at $18.92 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13. PCSB Financial has a 1 year low of $15.76 and a 1 year high of $20.47.
PCSB Financial (NASDAQ:PCSB) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The business had revenue of $10.59 million during the quarter. PCSB Financial had a return on equity of 3.45% and a net margin of 7.60%.
A number of institutional investors and hedge funds have recently modified their holdings of PCSB. Schwab Charles Investment Management Inc. purchased a new stake in PCSB Financial in the second quarter worth about $485,000. Rhumbline Advisers bought a new position in shares of PCSB Financial in the second quarter worth about $338,000. Bank of New York Mellon Corp bought a new position in shares of PCSB Financial in the second quarter worth about $1,117,000. Victory Capital Management Inc. bought a new position in shares of PCSB Financial in the second quarter worth about $1,129,000. Finally, Royce & Associates LP bought a new position in shares of PCSB Financial in the second quarter worth about $1,808,000. Institutional investors and hedge funds own 40.22% of the company’s stock.
TRADEMARK VIOLATION WARNING: “PCSB Financial (PCSB) Stock Rating Lowered by BidaskClub” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2018/01/06/pcsb-financial-pcsb-stock-rating-lowered-by-bidaskclub.html.
About PCSB Financial
PCSB Financial Corporation will be the holding company of PCSB Bank (the Bank). The Bank is a mutual savings bank. The Bank attracts deposits from the general public and utilizes those funds primarily to originate and purchase residential real estate, commercial real estate and business loans, and to purchase investment securities.
What are top analysts saying about PCSB Financial? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for PCSB Financial and related companies.