Wall Street brokerages expect County Bancorp Inc (NASDAQ:ICBK) to post $12.93 million in sales for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for County Bancorp’s earnings. The highest sales estimate is $13.29 million and the lowest is $12.70 million. County Bancorp posted sales of $12.16 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 6.3%. The business is scheduled to issue its next quarterly earnings report on Thursday, January 17th.

On average, analysts expect that County Bancorp will report full-year sales of $50.54 million for the current year, with estimates ranging from $49.99 million to $51.13 million. For the next year, analysts expect that the business will report sales of $53.32 million, with estimates ranging from $51.54 million to $55.12 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow County Bancorp.

County Bancorp (NASDAQ:ICBK) last issued its earnings results on Monday, October 22nd. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $12.76 million for the quarter, compared to the consensus estimate of $12.54 million. County Bancorp had a return on equity of 9.93% and a net margin of 19.40%.

ICBK has been the topic of a number of research reports. ValuEngine downgraded County Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, August 28th. Sandler O’Neill assumed coverage on County Bancorp in a report on Wednesday, August 8th. They issued a “hold” rating and a $28.00 target price for the company. Maxim Group dropped their target price on County Bancorp from $35.00 to $32.00 and set a “buy” rating for the company in a report on Friday, July 20th. Zacks Investment Research cut County Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 25th. Finally, FIG Partners reiterated a “market-perform” rating on shares of County Bancorp in a report on Thursday, August 23rd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $29.60.

In other news, Director Gary J. Ziegelbauer sold 1,000 shares of County Bancorp stock in a transaction that occurred on Friday, September 28th. The stock was sold at an average price of $25.02, for a total value of $25,020.00. Following the completion of the transaction, the director now owns 395,637 shares in the company, valued at approximately $9,898,837.74. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 25.60% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strs Ohio boosted its holdings in County Bancorp by 37.3% during the 2nd quarter. Strs Ohio now owns 8,100 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 2,200 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in County Bancorp by 41.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 10,600 shares of the financial services provider’s stock valued at $292,000 after acquiring an additional 3,100 shares during the period. Renaissance Technologies LLC boosted its holdings in County Bancorp by 58.3% during the 2nd quarter. Renaissance Technologies LLC now owns 16,700 shares of the financial services provider’s stock valued at $459,000 after acquiring an additional 6,148 shares during the period. Eidelman Virant Capital purchased a new position in County Bancorp during the 3rd quarter valued at $487,000. Finally, Dimensional Fund Advisors LP boosted its holdings in County Bancorp by 68.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 27,472 shares of the financial services provider’s stock valued at $802,000 after acquiring an additional 11,137 shares during the period. Institutional investors own 26.32% of the company’s stock.

Shares of ICBK opened at $20.80 on Friday. The company has a market cap of $138.63 million, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 1.21 and a beta of 0.55. County Bancorp has a 12-month low of $19.41 and a 12-month high of $33.94. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.02 and a current ratio of 1.03.

About County Bancorp

County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of banking and related financial services to individuals, businesses, and industries in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.

Read More: Conference Calls

Get a free copy of the Zacks research report on County Bancorp (ICBK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for County Bancorp (NASDAQ:ICBK)

Receive News & Ratings for County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.