Community Trust Bancorp, Inc. (NASDAQ:CTBI) has been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Zacks has also assigned Community Trust Bancorp an industry rank of 144 out of 255 based on the ratings given to related companies.
CTBI has been the subject of several research reports. BidaskClub downgraded shares of Community Trust Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. ValuEngine raised shares of Community Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Zacks Investment Research raised shares of Community Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC acquired a new position in Community Trust Bancorp during the third quarter worth $29,000. Hillsdale Investment Management Inc. acquired a new position in Community Trust Bancorp during the second quarter worth $42,000. Campbell & CO Investment Adviser LLC acquired a new position in Community Trust Bancorp during the third quarter worth $207,000. Susquehanna International Group LLP acquired a new position in Community Trust Bancorp during the second quarter worth $231,000. Finally, WINTON GROUP Ltd acquired a new position in Community Trust Bancorp during the second quarter worth $293,000. Institutional investors and hedge funds own 58.70% of the company’s stock.
Shares of CTBI stock traded up $0.01 during trading hours on Wednesday, hitting $44.95. 91,672 shares of the company were exchanged, compared to its average volume of 31,121. The business has a 50 day moving average of $43.79 and a two-hundred day moving average of $41.76. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.10. Community Trust Bancorp has a 52 week low of $35.70 and a 52 week high of $46.69. The company has a market capitalization of $799.16 million, a PE ratio of 13.42 and a beta of 0.67.
Community Trust Bancorp (NASDAQ:CTBI) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.02. Community Trust Bancorp had a net margin of 27.46% and a return on equity of 10.97%. The company had revenue of $48.91 million during the quarter, compared to the consensus estimate of $48.96 million. On average, research analysts forecast that Community Trust Bancorp will post 3.42 EPS for the current year.
About Community Trust Bancorp
Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, Keogh plans, and savings certificates, as well as checking and savings, regular, individual retirement, NOW, and money market accounts.
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