Equities research analysts predict that United Community Financial Corp (NASDAQ:UCFC) will post $28.10 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for United Community Financial’s earnings, with the lowest sales estimate coming in at $28.00 million and the highest estimate coming in at $28.20 million. United Community Financial reported sales of $27.35 million in the same quarter last year, which indicates a positive year over year growth rate of 2.7%. The company is scheduled to issue its next quarterly earnings results after the market closes on Tuesday, April 16th.
On average, analysts expect that United Community Financial will report full-year sales of $117.45 million for the current year, with estimates ranging from $116.90 million to $118.00 million. For the next financial year, analysts forecast that the business will report sales of $126.48 million, with estimates ranging from $126.10 million to $126.86 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for United Community Financial.
United Community Financial (NASDAQ:UCFC) last announced its quarterly earnings results on Wednesday, January 23rd. The savings and loans company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). The business had revenue of $29.08 million during the quarter, compared to the consensus estimate of $29.03 million. United Community Financial had a return on equity of 12.26% and a net margin of 27.75%.
A number of analysts have recently weighed in on UCFC shares. BidaskClub upgraded shares of United Community Financial from a “strong sell” rating to a “sell” rating in a report on Monday, April 1st. ValuEngine downgraded shares of United Community Financial from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Zacks Investment Research downgraded shares of United Community Financial from a “buy” rating to a “hold” rating in a report on Thursday, March 28th. Finally, Boenning Scattergood reiterated a “hold” rating on shares of United Community Financial in a research report on Friday, January 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $11.50.
In other news, Director Richard J. Schiraldi sold 16,369 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $9.26, for a total transaction of $151,576.94. Following the transaction, the director now owns 5,751 shares of the company’s stock, valued at approximately $53,254.26. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in UCFC. Legal & General Group Plc raised its position in United Community Financial by 56.2% in the 4th quarter. Legal & General Group Plc now owns 10,843 shares of the savings and loans company’s stock worth $96,000 after purchasing an additional 3,902 shares during the period. Private Advisor Group LLC bought a new position in shares of United Community Financial during the third quarter valued at approximately $107,000. Jefferies Group LLC purchased a new stake in shares of United Community Financial in the third quarter worth approximately $124,000. Citigroup Inc. raised its holdings in shares of United Community Financial by 17.9% in the fourth quarter. Citigroup Inc. now owns 15,420 shares of the savings and loans company’s stock worth $136,000 after buying an additional 2,342 shares during the period. Finally, Metropolitan Life Insurance Co. NY lifted its stake in shares of United Community Financial by 356.4% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,537 shares of the savings and loans company’s stock worth $146,000 after acquiring an additional 12,914 shares during the last quarter. 62.99% of the stock is owned by hedge funds and other institutional investors.
UCFC stock traded up $0.01 during trading on Friday, hitting $9.45. 92,592 shares of the company’s stock traded hands, compared to its average volume of 119,189. United Community Financial has a 52 week low of $8.49 and a 52 week high of $11.98. The firm has a market capitalization of $463.78 million, a P/E ratio of 12.77 and a beta of 0.58. The company has a quick ratio of 1.01, a current ratio of 1.05 and a debt-to-equity ratio of 0.79.
United Community Financial Company Profile
United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.
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