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CFSB Bancorp's (CFSB) Hold (C-) Rating Reiterated at Weiss Ratings

CFSB Bancorp logo with Finance background

Key Points

  • CFSB Bancorp's stock retains a "hold (C-)" rating as reiterated by Weiss Ratings, reflecting ongoing concerns about its performance.
  • The company reported a loss of $0.01 per share for the last quarter, showing a negative return on equity of 0.35% and revenue of $2.08 million.
  • Institutional investors currently own 1.39% of CFSB Bancorp's stock, with several hedge funds increasing their stakes recently.
  • MarketBeat previews the top five stocks to own by November 1st.

CFSB Bancorp (NASDAQ:CFSB - Get Free Report)'s stock had its "hold (c-)" rating restated by Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

CFSB Bancorp Price Performance

NASDAQ CFSB traded up $0.01 during mid-day trading on Friday, reaching $14.23. 42,900 shares of the stock were exchanged, compared to its average volume of 7,940. The stock has a market cap of $93.21 million, a P/E ratio of -355.75 and a beta of 0.50. CFSB Bancorp has a one year low of $6.41 and a one year high of $14.24. The stock has a 50 day simple moving average of $14.09 and a 200-day simple moving average of $12.58.

CFSB Bancorp (NASDAQ:CFSB - Get Free Report) last posted its quarterly earnings data on Thursday, September 18th. The company reported ($0.01) earnings per share for the quarter. CFSB Bancorp had a negative return on equity of 0.35% and a negative net margin of 1.92%.The business had revenue of $2.08 million during the quarter.

Institutional Investors Weigh In On CFSB Bancorp

A number of hedge funds have recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ bought a new position in shares of CFSB Bancorp in the 2nd quarter worth $383,000. Geode Capital Management LLC lifted its stake in shares of CFSB Bancorp by 31.0% in the second quarter. Geode Capital Management LLC now owns 24,642 shares of the company's stock valued at $338,000 after buying an additional 5,826 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC acquired a new position in shares of CFSB Bancorp during the second quarter valued at about $75,000. Institutional investors and hedge funds own 1.39% of the company's stock.

CFSB Bancorp Company Profile

(Get Free Report)

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.

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