Limestone Bancorp Inc (NASDAQ:LMST) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price target of $16.25 for the company and are anticipating that the company will post $0.32 earnings per share for the current quarter, according to Zacks. Zacks has also given Limestone Bancorp an industry rank of 171 out of 256 based on the ratings given to its competitors.
Several equities research analysts recently issued reports on LMST shares. Zacks Investment Research raised Iterum Therapeutics from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research note on Thursday, March 28th. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.
Shares of NASDAQ LMST traded down $0.09 during mid-day trading on Thursday, hitting $15.07. The company had a trading volume of 11,358 shares, compared to its average volume of 3,378. The firm has a market capitalization of $94.05 million, a P/E ratio of 12.25 and a beta of 0.20. Limestone Bancorp has a 1 year low of $11.91 and a 1 year high of $17.65. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.89 and a quick ratio of 0.89. The business’s 50-day simple moving average is $15.09.
Limestone Bancorp (NASDAQ:LMST) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.03. The company had revenue of $10.24 million during the quarter, compared to analyst estimates of $10.18 million. Limestone Bancorp had a return on equity of 10.31% and a net margin of 18.85%. As a group, research analysts forecast that Limestone Bancorp will post 1.31 earnings per share for the current year.
About Limestone Bancorp
Limestone Bancorp, Inc operates as the bank holding company for Limestone Bank, Inc that provides a range of commercial and personal banking products and services. The company offers deposit products, including checking, savings, and term certificate accounts, as well as money market accounts and fixed rate certificates.
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