County Bancorp Inc (NASDAQ:ICBK) Director Patrick J. Roe purchased 4,357 shares of the stock in a transaction dated Tuesday, May 14th. The shares were purchased at an average price of $17.51 per share, with a total value of $76,291.07. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
ICBK traded up $0.70 on Thursday, hitting $18.00. 11,960 shares of the company’s stock were exchanged, compared to its average volume of 10,273. The firm has a market cap of $118.77 million, a price-to-earnings ratio of 8.82, a price-to-earnings-growth ratio of 1.06 and a beta of 0.74. County Bancorp Inc has a twelve month low of $16.24 and a twelve month high of $28.97. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.97.
County Bancorp (NASDAQ:ICBK) last released its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.04. The firm had revenue of $13.31 million for the quarter, compared to analyst estimates of $12.77 million. County Bancorp had a net margin of 18.32% and a return on equity of 9.76%. Research analysts anticipate that County Bancorp Inc will post 2.11 earnings per share for the current year.
ICBK has been the subject of several research analyst reports. DA Davidson lowered their price target on County Bancorp to $23.00 and set an “average” rating for the company in a research report on Tuesday, February 12th. Zacks Investment Research lowered shares of County Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, February 14th. Hovde Group lowered shares of County Bancorp from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $22.00 to $20.00 in a research note on Friday, February 15th. Sandler O’Neill upgraded shares of County Bancorp from a “hold” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $20.00 in a research note on Monday, April 22nd. Finally, FIG Partners reiterated a “market-perform” rating on shares of County Bancorp in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. County Bancorp presently has a consensus rating of “Hold” and a consensus target price of $22.40.
COPYRIGHT VIOLATION WARNING: This report was originally published by Markets Daily and is the property of of Markets Daily. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://www.themarketsdaily.com/2019/05/16/county-bancorp-inc-icbk-director-buys-76291-07-in-stock.html.
About County Bancorp
County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of consumer and commercial banking services to individuals, businesses, and industries primarily in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.
Featured Article: Google Finance
Receive News & Ratings for County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.