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

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

HTB has been the topic of several other reports. Hovde Group downgraded shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings began coverage on shares of HomeTrust Bancshares in a research note on Wednesday, January 14th. They issued a “buy (b)” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

HomeTrust Bancshares Stock Up 0.6%

HTB stock opened at $43.19 on Friday. The company has a market cap of $753.23 million, a P/E ratio of 11.55 and a beta of 0.88. HomeTrust Bancshares has a twelve month low of $30.95 and a twelve month high of $47.64. 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 (NYSE:HTB) last released its earnings results on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. HomeTrust Bancshares had a return on equity of 11.09% and a net margin of 22.01%.The business had revenue of $53.90 million for the quarter.

About HomeTrust Bancshares

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.