Eagle Financial Services (NASDAQ:EFSI) Upgraded at Freedom Capital

Eagle Financial Services (NASDAQ:EFSIGet Free Report) was upgraded by equities research analysts at Freedom Capital from a “hold” rating to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Several other research firms also recently commented on EFSI. Loop Capital set a $43.00 target price on Eagle Financial Services in a research report on Monday, February 9th. Weiss Ratings upgraded Eagle Financial Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research report on Monday, February 9th. Keefe, Bruyette & Woods raised their price objective on Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Finally, Zacks Research downgraded Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $42.25.

View Our Latest Analysis on Eagle Financial Services

Eagle Financial Services Price Performance

Eagle Financial Services stock opened at $37.24 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $201.47 million, a PE ratio of 10.58 and a beta of 0.22. Eagle Financial Services has a 12 month low of $28.70 and a 12 month high of $41.12. The stock has a 50-day moving average price of $36.12 and a two-hundred day moving average price of $37.43.

Eagle Financial Services (NASDAQ:EFSIGet Free Report) last posted its earnings results on Thursday, April 23rd. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.17). The firm had revenue of $20.85 million during the quarter, compared to the consensus estimate of $21.18 million. Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. Analysts expect that Eagle Financial Services will post 3.12 EPS for the current year.

Insider Activity at Eagle Financial Services

In other news, Director Scott M. Hamberger acquired 909 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average price of $33.00 per share, for a total transaction of $29,997.00. Following the completion of the acquisition, the director directly owned 2,550 shares in the company, valued at $84,150. The trade was a 55.39% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 7.12% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new stake in Eagle Financial Services during the third quarter worth $26,000. CWM LLC bought a new stake in shares of Eagle Financial Services in the third quarter valued at approximately $45,000. BNP Paribas Financial Markets raised its position in shares of Eagle Financial Services by 82.8% in the third quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock valued at $45,000 after purchasing an additional 538 shares during the period. Daytona Street Capital LLC bought a new stake in shares of Eagle Financial Services during the 4th quarter valued at $60,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Eagle Financial Services during the 2nd quarter valued at $67,000. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Eagle Financial Services Company Profile

(Get Free Report)

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.

Further Reading

Analyst Recommendations for Eagle Financial Services (NASDAQ:EFSI)

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