Professional (PFHD) to Release Earnings on Friday

Professional (NASDAQ:PFHDGet Rating) will announce its earnings results before the market opens on Friday, April 29th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Professional (NASDAQ:PFHDGet Rating) last posted its quarterly earnings data on Thursday, January 27th. The company reported $0.29 EPS for the quarter. The business had revenue of $19.41 million for the quarter. Professional had a return on equity of 9.47% and a net margin of 24.90%. During the same period in the previous year, the business earned $0.38 EPS. On average, analysts expect Professional to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

PFHD opened at $23.69 on Friday. The firm has a market cap of $320.41 million, a P/E ratio of 15.48 and a beta of -0.02. Professional has a 52 week low of $16.90 and a 52 week high of $24.55. The business’s fifty day simple moving average is $22.01 and its 200 day simple moving average is $20.49.

A number of analysts recently commented on PFHD shares. Piper Sandler raised Professional from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $22.00 to $25.00 in a research note on Wednesday, February 2nd. Zacks Investment Research raised Professional from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Thursday, December 30th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Professional has an average rating of “Buy” and an average price target of $22.50.

In other Professional news, Director Lawrence Schimmel sold 2,237 shares of the firm’s stock in a transaction dated Tuesday, March 15th. The stock was sold at an average price of $21.32, for a total value of $47,692.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the business. BlackRock Inc. boosted its stake in Professional by 14.6% in the 4th quarter. BlackRock Inc. now owns 66,443 shares of the company’s stock worth $1,272,000 after buying an additional 8,472 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Professional by 74.4% in the 4th quarter. Susquehanna International Group LLP now owns 31,181 shares of the company’s stock worth $597,000 after buying an additional 13,306 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Professional in the 4th quarter valued at about $249,000. Alliancebernstein L.P. lifted its stake in shares of Professional by 6.2% in the 4th quarter. Alliancebernstein L.P. now owns 133,955 shares of the company’s stock valued at $2,567,000 after purchasing an additional 7,783 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of Professional in the 4th quarter valued at about $239,000. 58.80% of the stock is currently owned by hedge funds and other institutional investors.

Professional Company Profile (Get Rating)

Professional Holding Corp. operates primarily through its subsidiary, Professional Bank, provides banking products and services to small and medium sized businesses, other professionals, and entrepreneurs. Its deposit products include checking, NOW, savings, and money market accounts, as well as IRAs and certificates of deposit.

Further Reading

Earnings History for Professional (NASDAQ:PFHD)

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