Equity Bancshares (NYSE:EQBK) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Equity Bancshares from a "hold" rating to a "strong-buy" rating, reflecting increased investor confidence.
• In a separate report, Wall Street Zen also upgraded the stock from a "sell" to a "hold," indicating a more favorable outlook from analysts.
• Equity Bancshares currently has an average rating of "Strong Buy" and its stock trades around $42.24, showing a market cap of approximately $811.85 million.

Equity Bancshares (NYSE:EQBK - Get Free Report) was upgraded by stock analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Thursday, September 4th,Zacks.com reports.

Separately, Wall Street Zen upgraded shares of Equity Bancshares from a "sell" rating to a "hold" rating in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Equity Bancshares Stock Down 0.2%

EQBK stock traded down $0.08 on Thursday, hitting $42.00. The company's stock had a trading volume of 28,469 shares, compared to its average volume of 76,347. Equity Bancshares has a 1 year low of $34.11 and a 1 year high of $50.85. The company has a market cap of $807.24 million, a price-to-earnings ratio of 10.42 and a beta of 0.83. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.92 and a quick ratio of 0.92.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.