United Community Financial (NASDAQ:UCFC) Lifted to Buy at BidaskClub

BidaskClub upgraded shares of United Community Financial (NASDAQ:UCFC) from a hold rating to a buy rating in a research report released on Thursday, BidAskClub reports.

A number of other brokerages have also weighed in on UCFC. Raymond James lowered shares of United Community Financial from an outperform rating to a market perform rating in a research report on Wednesday, September 11th. ValuEngine upgraded shares of United Community Financial from a sell rating to a hold rating in a research report on Monday, September 16th. Finally, Zacks Investment Research upgraded shares of United Community Financial from a hold rating to a buy rating and set a $11.00 target price for the company in a research report on Friday, September 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of $11.00.

NASDAQ UCFC opened at $10.91 on Thursday. United Community Financial has a 52-week low of $8.49 and a 52-week high of $10.98. The company has a 50-day simple moving average of $9.89 and a 200 day simple moving average of $9.52. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.00 and a current ratio of 1.04. The company has a market capitalization of $516.44 million, a PE ratio of 14.74 and a beta of 0.52.

United Community Financial (NASDAQ:UCFC) last posted its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $28.71 million during the quarter, compared to the consensus estimate of $28.63 million. United Community Financial had a net margin of 27.00% and a return on equity of 12.25%. As a group, analysts forecast that United Community Financial will post 0.82 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of UCFC. Nuveen Asset Management LLC bought a new position in United Community Financial during the second quarter worth about $2,651,000. Acadian Asset Management LLC boosted its position in United Community Financial by 297.5% during the first quarter. Acadian Asset Management LLC now owns 222,081 shares of the savings and loans company’s stock worth $2,076,000 after purchasing an additional 166,217 shares during the period. AJO LP bought a new position in United Community Financial during the first quarter worth about $1,101,000. Amundi Pioneer Asset Management Inc. bought a new position in United Community Financial during the first quarter worth about $1,057,000. Finally, Martingale Asset Management L P boosted its position in United Community Financial by 23.7% during the first quarter. Martingale Asset Management L P now owns 404,522 shares of the savings and loans company’s stock worth $3,784,000 after purchasing an additional 77,500 shares during the period. Hedge funds and other institutional investors own 63.18% of the company’s stock.

United Community Financial Company Profile

United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

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