DA Davidson Has Negative View of LINKBANCORP FY2025 Earnings

LINKBANCORP, Inc. (NASDAQ:LNKB) – Analysts at DA Davidson decreased their FY2025 EPS estimates for LINKBANCORP in a research note issued to investors on Thursday, October 31st. DA Davidson analyst M. Navas now expects that the company will post earnings of $0.87 per share for the year, down from their previous forecast of $0.92. The consensus estimate for LINKBANCORP’s current full-year earnings is $0.70 per share.

LINKBANCORP Price Performance

Shares of NASDAQ:LNKB opened at $7.04 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $263.01 million, a P/E ratio of -100.57 and a beta of 0.40. The business has a 50-day moving average of $6.43 and a two-hundred day moving average of $6.49. LINKBANCORP has a fifty-two week low of $5.86 and a fifty-two week high of $8.29.

LINKBANCORP (NASDAQ:LNKB) last issued its quarterly earnings data on Monday, October 28th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $27.66 million during the quarter, compared to analysts’ expectations of $27.33 million. LINKBANCORP had a net margin of 3.65% and a return on equity of 7.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LNKB. Renaissance Technologies LLC acquired a new stake in shares of LINKBANCORP in the second quarter worth $151,000. Rhumbline Advisers acquired a new stake in LINKBANCORP in the 2nd quarter worth $137,000. Bank of New York Mellon Corp bought a new position in shares of LINKBANCORP during the 2nd quarter worth about $397,000. The Manufacturers Life Insurance Company acquired a new position in shares of LINKBANCORP during the second quarter valued at about $65,000. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of LINKBANCORP in the first quarter valued at about $164,000. 37.52% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Catherine Eisel purchased 7,080 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were bought at an average price of $6.28 per share, with a total value of $44,462.40. Following the completion of the transaction, the insider now directly owns 7,800 shares in the company, valued at $48,984. This trade represents a 900.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Catherine Eisel purchased 7,080 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was bought at an average cost of $6.28 per share, for a total transaction of $44,462.40. Following the completion of the acquisition, the insider now directly owns 7,800 shares of the company’s stock, valued at approximately $48,984. The trade was a 900.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mona D. Albertine sold 4,741 shares of LINKBANCORP stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $6.21, for a total value of $29,441.61. Following the completion of the transaction, the director now owns 36,353 shares in the company, valued at $225,752.13. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 33,223 shares of company stock valued at $206,883 and sold 16,741 shares valued at $107,022. Company insiders own 35.84% of the company’s stock.

LINKBANCORP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.075 per share. The ex-dividend date was Friday, August 30th. This represents a $0.30 dividend on an annualized basis and a yield of 4.26%. LINKBANCORP’s payout ratio is currently -428.57%.

About LINKBANCORP

LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.