Limestone Bancorp Inc (NASDAQ:LMST) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus price target of $16.25 for the company and are anticipating that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also assigned Limestone Bancorp an industry rank of 162 out of 256 based on the ratings given to related companies.
A number of research firms have recently commented on LMST. ValuEngine cut shares of Limestone Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Zacks Investment Research cut shares of Limestone Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th.
LMST stock traded down $0.02 during midday trading on Friday, reaching $15.15. 6,625 shares of the company’s stock traded hands, compared to its average volume of 2,750. The company has a market cap of $94.69 million, a P/E ratio of 12.32 and a beta of 0.19. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.90 and a quick ratio of 0.89. Limestone Bancorp has a fifty-two week low of $11.91 and a fifty-two week high of $16.59. The stock’s 50-day simple moving average is $15.16.
Limestone Bancorp (NASDAQ:LMST) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.17. The firm had revenue of $10.25 million for the quarter, compared to analysts’ expectations of $10.47 million. Limestone Bancorp had a net margin of 21.28% and a return on equity of 11.65%. Equities analysts expect that Limestone Bancorp will post 1.31 earnings per share for the current year.
Limestone Bancorp Company Profile
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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