HomeTrust Bancshares (NASDAQ:HTBI) Posts Earnings Results, Misses Expectations By $0.04 EPS

HomeTrust Bancshares (NASDAQ:HTBI) posted its quarterly earnings data on Thursday. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04), Zacks reports. The business had revenue of $74.93 million during the quarter, compared to analysts’ expectations of $50.13 million. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%.

HomeTrust Bancshares Stock Performance

Shares of NASDAQ HTBI traded down $0.64 during trading hours on Friday, reaching $32.90. The stock had a trading volume of 17,493 shares, compared to its average volume of 38,709. The firm has a market cap of $573.94 million, a price-to-earnings ratio of 9.55 and a beta of 0.81. The company has a current ratio of 1.14, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72. HomeTrust Bancshares has a fifty-two week low of $19.94 and a fifty-two week high of $36.79. The firm has a 50-day moving average of $34.36 and a 200-day moving average of $30.91.

Wall Street Analyst Weigh In

HTBI has been the topic of a number of research analyst reports. Hovde Group began coverage on HomeTrust Bancshares in a research note on Wednesday, July 31st. They issued an “outperform” rating and a $42.00 price target on the stock. StockNews.com upgraded HomeTrust Bancshares from a “hold” rating to a “buy” rating in a report on Thursday, July 25th. Finally, Keefe, Bruyette & Woods upped their price target on HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, HomeTrust Bancshares has an average rating of “Buy” and an average target price of $34.50.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.