HopFed Bancorp, Inc (HFBC) Receives Consensus Rating of “Hold” from Analysts

HopFed Bancorp, Inc (NASDAQ:HFBC) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Zacks has also given HopFed Bancorp an industry rank of 144 out of 257 based on the ratings given to related companies.

HFBC has been the topic of several research reports. ValuEngine raised shares of HopFed Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, August 14th. Zacks Investment Research raised shares of HopFed Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.

A hedge fund recently raised its stake in HopFed Bancorp stock. Western Standard LLC lifted its position in HopFed Bancorp, Inc (NASDAQ:HFBC) by 4.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 91,723 shares of the savings and loans company’s stock after purchasing an additional 3,863 shares during the period. HopFed Bancorp comprises approximately 1.5% of Western Standard LLC’s portfolio, making the stock its 20th biggest holding. Western Standard LLC owned about 1.38% of HopFed Bancorp worth $1,521,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 48.62% of the company’s stock.

HFBC traded down $0.02 on Thursday, reaching $14.58. The company had a trading volume of 1,026 shares, compared to its average volume of 8,496. The company has a market capitalization of $97.08 million, a P/E ratio of 19.18 and a beta of 0.40. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.91 and a quick ratio of 0.90. HopFed Bancorp has a 52-week low of $13.63 and a 52-week high of $18.10.

HopFed Bancorp (NASDAQ:HFBC) last announced its earnings results on Monday, October 29th. The savings and loans company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The company had revenue of $9.01 million during the quarter, compared to analysts’ expectations of $9.10 million. HopFed Bancorp had a net margin of 9.79% and a return on equity of 6.03%. On average, equities analysts anticipate that HopFed Bancorp will post 0.87 earnings per share for the current year.

About HopFed Bancorp

HopFed Bancorp, Inc operates as the bank holding company for Heritage Bank USA, Inc that provides various banking products and services. The company accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and time deposits, as well as non-interest bearing, savings, and interest bearing checking accounts.

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