Weekly Analysts’ Ratings Updates for MidSouth Bancorp (MSL)

MidSouth Bancorp (NYSE: MSL) recently received a number of ratings updates from brokerages and research firms:

  • 2/2/2018 – MidSouth Bancorp was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 2/1/2018 – MidSouth Bancorp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MIDSOUTH BANCORP, INC. is a bank holding company engaged in general banking business. “
  • 1/31/2018 – MidSouth Bancorp was downgraded by analysts at Hovde Group from an “outperform” rating to a “market perform” rating. They now have a $15.00 price target on the stock.
  • 1/31/2018 – MidSouth Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $17.00 price target on the stock. According to Zacks, “MIDSOUTH BANCORP, INC. is a bank holding company engaged in general banking business. “
  • 1/2/2018 – MidSouth Bancorp was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “MIDSOUTH BANCORP, INC. is a bank holding company engaged in general banking business. “
  • 12/31/2017 – MidSouth Bancorp was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 12/22/2017 – MidSouth Bancorp was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

MidSouth Bancorp, Inc. (NYSE MSL) opened at $13.35 on Tuesday. MidSouth Bancorp, Inc. has a 12 month low of $11.05 and a 12 month high of $16.60. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $236.65, a P/E ratio of -13.35 and a beta of 1.21.

MidSouth Bancorp (NYSE:MSL) last posted its quarterly earnings data on Tuesday, January 30th. The bank reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.22). MidSouth Bancorp had a negative net margin of 11.48% and a negative return on equity of 0.46%. The firm had revenue of $25.50 million during the quarter, compared to analysts’ expectations of $23.71 million. equities analysts expect that MidSouth Bancorp, Inc. will post 0.73 EPS for the current year.

In other MidSouth Bancorp news, Director Clayton Paul Hilliard sold 5,000 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $12.85, for a total transaction of $64,250.00. Following the sale, the director now owns 119,785 shares in the company, valued at $1,539,237.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrew G. Hargroder sold 3,000 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $14.00, for a total value of $42,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,140 shares of company stock worth $372,082. 19.84% of the stock is owned by company insiders.

MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.

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