Great Southern Bancorp (GSBC) Upgraded at BidaskClub

BidaskClub upgraded shares of Great Southern Bancorp (NASDAQ:GSBC) from a hold rating to a buy rating in a report published on Thursday morning.

Several other equities research analysts have also commented on GSBC. Zacks Investment Research upgraded shares of Great Southern Bancorp from a hold rating to a strong-buy rating and set a $70.00 price target for the company in a report on Wednesday, July 25th. ValuEngine lowered shares of Great Southern Bancorp from a buy rating to a hold rating in a report on Friday, August 3rd. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Great Southern Bancorp has a consensus rating of Buy and an average price target of $58.33.

NASDAQ:GSBC opened at $53.57 on Thursday. Great Southern Bancorp has a one year low of $48.10 and a one year high of $61.65. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $758.44 million, a PE ratio of 12.23 and a beta of 0.88.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, October 17th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $1.06 by $0.51. Great Southern Bancorp had a net margin of 26.65% and a return on equity of 12.81%. The business had revenue of $57.59 million during the quarter, compared to analyst estimates of $49.00 million. Research analysts forecast that Great Southern Bancorp will post 4.58 earnings per share for the current year.

Several institutional investors have recently modified their holdings of GSBC. First Quadrant L P CA purchased a new position in shares of Great Southern Bancorp in the 3rd quarter worth approximately $106,000. FMR LLC purchased a new position in shares of Great Southern Bancorp in the 3rd quarter worth approximately $108,000. Acadian Asset Management LLC purchased a new position in shares of Great Southern Bancorp in the 2nd quarter worth approximately $112,000. SG Americas Securities LLC purchased a new position in shares of Great Southern Bancorp in the 2nd quarter worth approximately $126,000. Finally, Panagora Asset Management Inc. grew its position in shares of Great Southern Bancorp by 50.6% in the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock worth $159,000 after buying an additional 963 shares during the last quarter. 43.13% of the stock is currently owned by hedge funds and other institutional investors.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposits, brokered certificates, and individual retirement accounts.

Further Reading: Cost of Debt

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