Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Eagle Financial Services Inc. (NASDAQ:EFSIGet Free Report) has been given an average recommendation of “Moderate Buy” by the five ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $42.25.

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. DA Davidson restated a “neutral” rating and issued a $40.00 target price on shares of Eagle Financial Services in a research note on Monday, May 11th. Freedom Capital upgraded Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Finally, Zacks Research downgraded Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 12th.

Check Out Our Latest Research Report on EFSI

Hedge Funds Weigh In On Eagle Financial Services

Hedge funds and other institutional investors have recently modified their holdings of the business. UBS Group AG boosted its stake in shares of Eagle Financial Services by 2,935.5% in the 4th quarter. UBS Group AG now owns 73,094 shares of the company’s stock worth $2,909,000 after buying an additional 70,686 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Eagle Financial Services by 2.2% in the 3rd quarter. Millennium Management LLC now owns 13,581 shares of the company’s stock worth $514,000 after buying an additional 288 shares during the last quarter. Trexquant Investment LP boosted its stake in shares of Eagle Financial Services by 100.8% in the 4th quarter. Trexquant Investment LP now owns 11,684 shares of the company’s stock worth $465,000 after buying an additional 5,866 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Eagle Financial Services by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,771 shares of the company’s stock worth $429,000 after buying an additional 458 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Eagle Financial Services by 17.2% in the 3rd quarter. Bank of America Corp DE now owns 8,064 shares of the company’s stock worth $305,000 after buying an additional 1,183 shares during the last quarter. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Eagle Financial Services Price Performance

EFSI stock opened at $43.13 on Monday. The company has a market capitalization of $233.33 million, a P/E ratio of 12.25 and a beta of 0.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.02 and a current ratio of 1.02. Eagle Financial Services has a 52-week low of $28.70 and a 52-week high of $43.98. The business has a 50-day simple moving average of $38.71 and a two-hundred day simple moving average of $38.02.

Eagle Financial Services (NASDAQ:EFSIGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.17). The company had revenue of $20.85 million for the quarter, compared to analyst estimates of $21.18 million. Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. Research analysts expect that Eagle Financial Services will post 3.12 EPS for the current fiscal year.

Eagle Financial Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, May 4th. Eagle Financial Services’s payout ratio is presently 35.23%.

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.

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Analyst Recommendations for Eagle Financial Services (NASDAQ:EFSI)

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