Eagle Financial Services (NASDAQ:EFSI) Earns Hold (C) Rating from Weiss Ratings

Key Points

• Eagle Financial Services (NASDAQ:EFSI) has received a "hold (C)" rating from Weiss Ratings, while other analysts have upgraded it to a "buy" rating, indicating a mixed sentiment in the market.
• The company's stock price closed at $37.16, with recent trading activity showing lower than average volume and a market capitalization of approximately $199.92 million.
• Eagle Financial Services reported an EPS of $0.98 for the most recent quarter, surpassing estimates, while also revealing a net margin of 7.45% and a return on equity of 9.87%.

Eagle Financial Services (NASDAQ:EFSI - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Eagle Financial Services from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. DA Davidson upped their target price on shares of Eagle Financial Services from $39.00 to $40.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Eagle Financial Services from $38.00 to $39.00 and gave the company an "outperform" rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Eagle Financial Services has an average rating of "Moderate Buy" and a consensus target price of $39.50.

Eagle Financial Services Trading Down 0.1%

Shares of Eagle Financial Services stock traded down $0.04 on Wednesday, hitting $37.16. 13,310 shares of the company's stock traded hands, compared to its average volume of 24,474. The firm's 50-day moving average price is $36.36 and its two-hundred day moving average price is $33.22. The stock has a market capitalization of $199.92 million, a PE ratio of 17.20 and a beta of 0.28. Eagle Financial Services has a one year low of $28.70 and a one year high of $40.03. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.03 and a quick ratio of 1.03.

Eagle Financial Services (NASDAQ:EFSI - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.82 by $0.16. The company had revenue of $20.61 million during the quarter. Eagle Financial Services had a net margin of 7.45% and a return on equity of 9.87%.

Hedge Funds Weigh In On Eagle Financial Services

Large investors have recently modified their holdings of the business. Jacobs Asset Management LLC acquired a new position in shares of Eagle Financial Services during the 1st quarter worth about $2,565,000. EJF Capital LLC acquired a new position in shares of Eagle Financial Services during the 1st quarter worth about $5,194,000. Mendon Capital Advisors Corp acquired a new position in shares of Eagle Financial Services during the 1st quarter worth about $1,640,000. Goldman Sachs Group Inc. acquired a new stake in Eagle Financial Services in the 1st quarter valued at about $287,000. Finally, Persistent Asset Partners Ltd acquired a new stake in Eagle Financial Services in the 1st quarter valued at about $687,000. 0.31% of the stock is currently owned by institutional investors and hedge funds.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke County that provides various retail and commercial banking products and services in the Shenandoah Valley and Northern Virginia. The company's deposit products include checking, NOW, money market, and regular savings accounts; and demand and time deposits.

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