Spirit of Texas Bancshares Inc (NASDAQ:STXB) Director Robert S. Beall purchased 2,519 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average cost of $20.15 per share, for a total transaction of $50,757.85.
Shares of STXB opened at $20.15 on Friday. Spirit of Texas Bancshares Inc has a twelve month low of $20.04 and a twelve month high of $23.48. The company has a market cap of $330.88 million, a P/E ratio of 14.44 and a beta of -0.09. The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25. The company’s fifty day simple moving average is $22.00 and its 200-day simple moving average is $21.74.
Spirit of Texas Bancshares (NASDAQ:STXB) last announced its earnings results on Wednesday, January 29th. The company reported $0.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.05). Spirit of Texas Bancshares had a net margin of 19.25% and a return on equity of 8.52%. The firm had revenue of $27.28 million during the quarter. Analysts predict that Spirit of Texas Bancshares Inc will post 1.73 earnings per share for the current fiscal year.
A number of equities research analysts recently issued reports on STXB shares. Stephens reaffirmed a “buy” rating and set a $26.00 price target on shares of Spirit of Texas Bancshares in a research note on Tuesday, November 19th. Zacks Investment Research raised shares of Spirit of Texas Bancshares from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Thursday. BidaskClub downgraded shares of Spirit of Texas Bancshares from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 1st. Finally, ValuEngine raised shares of Spirit of Texas Bancshares from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Spirit of Texas Bancshares has an average rating of “Buy” and a consensus target price of $23.96.
Spirit of Texas Bancshares Company Profile
Spirit of Texas Bancshares, Inc operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals. It offers checking accounts, money market accounts, savings accounts, certificates of deposit, and IRA accounts.
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