FB Bancorp (NASDAQ:FBLA) Rating Lowered to “Sell” at Wall Street Zen

FB Bancorp (NASDAQ:FBLA) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Monday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of FB Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

FB Bancorp Stock Performance

Shares of FBLA opened at $12.19 on Monday. The firm has a 50 day moving average price of $12.03 and a 200-day moving average price of $11.62. FB Bancorp has a fifty-two week low of $9.81 and a fifty-two week high of $12.74. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.04 and a current ratio of 1.07. The firm has a market cap of $241.85 million and a price-to-earnings ratio of 135.44.

FB Bancorp (NASDAQ:FBLA) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $18.11 million for the quarter. FB Bancorp had a negative net margin of 5.40% and a negative return on equity of 1.62%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey bought a new position in shares of FB Bancorp in the 2nd quarter worth about $60,000. New York State Common Retirement Fund bought a new position in shares of FB Bancorp in the 2nd quarter worth about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of FB Bancorp in the 2nd quarter worth about $110,000. Occudo Quantitative Strategies LP bought a new position in shares of FB Bancorp in the 2nd quarter worth about $119,000. Finally, American Century Companies Inc. bought a new position in shares of FB Bancorp in the 2nd quarter worth about $123,000.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.