Guaranty Bancshares Inc. (GNTY) Receives Hold Rating from Stephens

Guaranty Bancshares Inc. (NASDAQ:GNTY)‘s stock had its “hold” rating reaffirmed by equities research analysts at Stephens in a report released on Tuesday, July 25th. They presently have a $34.00 price objective on the stock. Stephens’ target price would indicate a potential upside of 13.75% from the company’s current price.

Several other equities research analysts also recently weighed in on GNTY. ValuEngine downgraded Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Sandler O’Neill assumed coverage on Guaranty Bancshares in a research report on Monday, June 5th. They issued a “hold” rating and a $34.00 target price for the company.

Shares of Guaranty Bancshares (GNTY) remained flat at $29.89 during mid-day trading on Tuesday. 21,291 shares of the company’s stock traded hands. The stock has a market capitalization of $299.47 million, a PE ratio of 19.04 and a beta of 0.01. The firm has a 50 day moving average price of $31.13 and a 200-day moving average price of $31.48. Guaranty Bancshares has a 52 week low of $28.28 and a 52 week high of $36.38.

Guaranty Bancshares (NASDAQ:GNTY) last posted its quarterly earnings results on Monday, July 24th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.01. The firm had revenue of $18.32 million for the quarter. Equities research analysts predict that Guaranty Bancshares will post $1.58 earnings per share for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Guaranty Bancshares during the second quarter worth approximately $6,390,000. Banc Funds Co. LLC acquired a new position in shares of Guaranty Bancshares during the second quarter worth approximately $3,994,000. Vanguard Group Inc. acquired a new position in shares of Guaranty Bancshares during the second quarter worth approximately $1,624,000. Northern Trust Corp acquired a new position in shares of Guaranty Bancshares during the second quarter worth approximately $735,000. Finally, Penn Capital Management Co. Inc. acquired a new position in shares of Guaranty Bancshares during the second quarter worth approximately $1,086,000. 2.70% of the stock is owned by hedge funds and other institutional investors.

Guaranty Bancshares Company Profile

Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.

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