HomeTrust Bancshares (NYSE:HTB) Downgraded to “Sell” Rating by Wall Street Zen

HomeTrust Bancshares (NYSE:HTB) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other analysts have also recently weighed in on the company. Weiss Ratings initiated coverage on HomeTrust Bancshares in a research report on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group lowered HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, HomeTrust Bancshares currently has an average rating of “Moderate Buy”.

HomeTrust Bancshares Stock Performance

NYSE HTB opened at $42.26 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.12 and a quick ratio of 1.07. HomeTrust Bancshares has a one year low of $30.95 and a one year high of $47.64. The firm has a 50-day simple moving average of $43.36. The firm has a market cap of $736.94 million, a price-to-earnings ratio of 11.36 and a beta of 0.89.

HomeTrust Bancshares (NYSE:HTB) last released its quarterly earnings data on Thursday, January 22nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. HomeTrust Bancshares had a net margin of 22.01% and a return on equity of 11.09%. The firm had revenue of $53.90 million for the quarter.

Insider Activity at HomeTrust Bancshares

In other HomeTrust Bancshares news, EVP John Francis Sprink II sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $45.00, for a total value of $90,000.00. Following the sale, the executive vice president owned 13,465 shares in the company, valued at approximately $605,925. This trade represents a 12.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.57% of the company’s stock.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.