Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) released its quarterly earnings results on Monday. The bank reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.14, Zacks reports. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%.
Enterprise Financial Services Stock Performance
Shares of Enterprise Financial Services stock traded up $0.65 during trading hours on Monday, hitting $51.99. 213,832 shares of the company's stock traded hands, compared to its average volume of 175,235. The company has a fifty day simple moving average of $53.54 and a 200-day simple moving average of $56.09. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 10.74 and a beta of 0.84. Enterprise Financial Services has a 12-month low of $37.28 and a 12-month high of $63.13.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. DA Davidson increased their target price on shares of Enterprise Financial Services from $67.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $70.00 target price (up previously from $68.00) on shares of Enterprise Financial Services in a research report on Wednesday, January 29th.
Get Our Latest Stock Report on Enterprise Financial Services
Insider Activity at Enterprise Financial Services
In other Enterprise Financial Services news, Director James M. Havel sold 5,525 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $58.47, for a total value of $323,046.75. Following the transaction, the director now directly owns 15,447 shares in the company, valued at $903,186.09. The trade was a 26.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.30% of the stock is owned by company insiders.
About Enterprise Financial Services
(
Get Free Report)
Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.
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