OP Bancorp (NASDAQ:OPBK – Get Free Report) had its price target reduced by analysts at Keefe, Bruyette & Woods from $19.00 to $18.00 in a research note issued on Monday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 33.63% from the stock’s current price.
OP Bancorp Stock Up 3.5 %
Shares of OPBK opened at $13.47 on Monday. The firm has a fifty day moving average price of $16.14 and a 200-day moving average price of $14.10. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $199.49 million, a P/E ratio of 9.62 and a beta of 0.66. OP Bancorp has a 12-month low of $8.91 and a 12-month high of $18.57.
OP Bancorp (NASDAQ:OPBK – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). OP Bancorp had a net margin of 14.18% and a return on equity of 10.81%. Equities research analysts expect that OP Bancorp will post 1.46 earnings per share for the current year.
Hedge Funds Weigh In On OP Bancorp
About OP Bancorp
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.
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