Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP Martin C. Bell sold 2,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $32.23, for a total transaction of $64,460.00.
Shares of GNTY opened at $32.85 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.89 and a current ratio of 0.90. Guaranty Bancshares, Inc. has a one year low of $24.27 and a one year high of $33.29. The stock has a market capitalization of $378.83 million, a price-to-earnings ratio of 17.76 and a beta of 0.06. The stock has a 50 day moving average price of $32.16 and a 200 day moving average price of $30.80.
Guaranty Bancshares (NASDAQ:GNTY) last posted its quarterly earnings data on Monday, October 21st. The company reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.09. The firm had revenue of $24.70 million during the quarter, compared to the consensus estimate of $24.00 million. Guaranty Bancshares had a return on equity of 10.16% and a net margin of 21.56%. On average, analysts predict that Guaranty Bancshares, Inc. will post 2.22 earnings per share for the current year.
Several equities analysts have issued reports on the stock. Keefe, Bruyette & Woods started coverage on shares of Guaranty Bancshares in a report on Thursday, October 10th. They set a “market perform” rating and a $33.00 price objective on the stock. BidaskClub cut shares of Guaranty Bancshares from a “sell” rating to a “strong sell” rating in a research note on Friday, October 18th. Stephens restated a “buy” rating and set a $35.00 price target on shares of Guaranty Bancshares in a research report on Tuesday, October 22nd. Zacks Investment Research lowered shares of Guaranty Bancshares from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, TheStreet cut Guaranty Bancshares from a “b-” rating to a “c” rating in a report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $34.00.
Guaranty Bancshares Company Profile
Guaranty Bancshares, Inc operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. It offers various deposit products, such as checking and savings, money market, and business accounts, as well as certificates of deposit; and loan products comprising commercial and industrial, construction and development, 1-4 family residential, commercial real estate, farmland and agricultural, multi-family residential, and consumer loans.
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