Eagle Financial Services Inc. (NASDAQ:EFSI) Given Average Rating of “Moderate Buy” by Brokerages

Eagle Financial Services Inc. (NASDAQ:EFSI) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $43.75.

Several analysts recently issued reports on the stock. Wall Street Zen lowered shares of Eagle Financial Services from a “sell” rating to a “strong sell” rating in a research report on Monday. DA Davidson boosted their price objective on shares of Eagle Financial Services from $40.00 to $46.00 and gave the company a “neutral” rating in a research report on Wednesday, September 9th. Freedom Broker cut Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Weiss Ratings raised Eagle Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 26th. Finally, Zacks Research lowered Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th.

Eagle Financial Services Trading Up 1.2%

EFSI stock opened at $46.58 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.01 and a current ratio of 1.02. The company’s 50-day simple moving average is $42.21 and its 200 day simple moving average is $39.43. Eagle Financial Services has a 52 week low of $31.44 and a 52 week high of $47.52. The company has a market capitalization of $252.00 million, a PE ratio of 13.46 and a beta of 0.23.

Eagle Financial Services (NASDAQ:EFSI) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.37). The company had revenue of $25.56 million for the quarter, compared to analyst estimates of $21.29 million. Eagle Financial Services had a return on equity of 8.38% and a net margin of 15.16%. As a group, sell-side analysts anticipate that Eagle Financial Services will post 2.71 earnings per share for the current year.

Eagle Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.24 annualized dividend and a yield of 2.7%. Eagle Financial Services’s dividend payout ratio (DPR) is 35.84%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Deutsche Bank AG bought a new position in shares of Eagle Financial Services in the second quarter worth about $195,000. Bank of America Corp DE bought a new stake in shares of Eagle Financial Services during the 2nd quarter valued at approximately $392,000. Expressive Wealth LLC bought a new stake in shares of Eagle Financial Services during the 2nd quarter valued at approximately $434,000. Bank of New York Mellon Corp acquired a new position in Eagle Financial Services during the 2nd quarter worth approximately $651,000. Finally, United Capital Financial Advisors LLC acquired a new position in Eagle Financial Services during the 2nd quarter worth approximately $671,000. Institutional investors and hedge funds own 0.31% of the company’s stock.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc is a bank holding company headquartered in Berryville, Virginia. Its principal subsidiary, Bank of Clarke, provides community banking services to individuals, families, businesses and organizations.

The bank offers checking and savings accounts, certificates of deposit and other deposit products, along with commercial, real estate, mortgage and consumer lending. Its services also include online and mobile banking, cash-management solutions and other financial services designed for personal and business customers.

Through its branch network and digital channels, Eagle Financial Services serves communities in the Northern Shenandoah Valley and surrounding areas of Virginia.