Equity research analysts expect USCB Financial Holdings, Inc. (NASDAQ: USCB – Get a rating) will report sales of $16.05 million for the current quarter, Zacks reports. Two analysts provided earnings estimates for USCB Financial, with estimates ranging from $15.89 million to $16.20 million. The company is expected to announce its next results after the market closes on Monday, January 1.
On average, analysts expect USCB Financial to report full annual sales of $66.40 million for the current year, with estimates ranging from $65.50 million to $67.29 million. . For the next fiscal year, analysts expect the company to record sales of $73.12 million, with estimates ranging from $71.80 million to $74.44 million. Zacks Investment Research’s sell calculations are an average based on a survey of sell-side research analysts who cover USCB Financial.
USCB Financial (NASDAQ: USCB – Get a rating) last announced its quarterly results on Thursday, January 27. The company reported earnings per share (EPS) of $0.30 for the quarter. The company had revenue of $16.72 million in the quarter.
A number of brokerages have recently released reports on the USCB. Zacks Investment Research upgraded USCB Financial shares from a “hold” rating to a “buy” rating and set a target price of $16.00 on the stock in a Friday, April 1, report. Piper Sandler downgraded USCB Financial shares from an “overweight” rating to a “neutral” rating and raised her price target for the stock from $15.00 to $16.00 in a research report from the Friday January 14.
A number of hedge funds have recently increased or reduced their stakes in the company. First Manhattan Co. bought a new stake in USCB Financial stock in Q3 worth $187,000. Teton Advisors Inc. bought a new stock position in USCB Financial in Q3 for a value of approximately $244,000. Millennium Management LLC bought a new stock position from USCB Financial in Q3 for a value of approximately $868,000. Fourthstone LLC bought a new stock position from USCB Financial in Q3 for a value of approximately $2,907,000. Finally, Banc Funds Co. LLC bought a new stock position in USCB Financial in Q3 for a value of approximately $4,575,000.
Shares of NASDAQ USCB opened at $14.28 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt ratio of 0.18. USCB Financial has a 1-year low of $10.53 and a 1-year high of $18.75. The company has a fifty-day moving average price of $13.94 and a 200-day moving average price of $13.96.
About USCB Financial (Get a rating)
USCB Financial Holdings, Inc operates as a banking holding company for US Century Bank which provides various banking products and services to small and medium businesses. The company accepts checking, savings, money market and term deposit accounts; and certificates of deposit. Its lending products include residential real estate loans; commercial real estate loans; commercial and industrial loans; loans from foreign banks; and secured and unsecured consumer loans including personal loans, overdrafts and loans secured by deposit accounts.
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