ESSA Bancorp, Inc. (NASDAQ:ESSA) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a research note issued on Wednesday.

Separately, Maxim Group reaffirmed a “hold” rating on shares of ESSA Bancorp in a research note on Wednesday, April 19th.

ESSA Bancorp (NASDAQ:ESSA) traded down 0.34% on Wednesday, reaching $14.47. The company’s stock had a trading volume of 18,827 shares. The company has a market capitalization of $153.27 million, a price-to-earnings ratio of 21.28 and a beta of 0.16. ESSA Bancorp has a 1-year low of $12.93 and a 1-year high of $16.91. The stock has a 50 day moving average price of $14.82 and a 200-day moving average price of $15.29.

ESSA Bancorp (NASDAQ:ESSA) last released its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter. ESSA Bancorp had a net margin of 11.33% and a return on equity of 4.50%. The business had revenue of $13.09 million during the quarter. Equities analysts predict that ESSA Bancorp will post $0.70 earnings per share for the current fiscal year.

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In related news, CFO Allan A. Muto sold 2,524 shares of ESSA Bancorp stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $16.52, for a total value of $41,696.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider V Gail Bryant sold 15,201 shares of ESSA Bancorp stock in a transaction on Friday, March 10th. The shares were sold at an average price of $15.50, for a total transaction of $235,615.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,428 shares of company stock valued at $656,807. 12.39% of the stock is owned by company insiders.

About ESSA Bancorp

ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.

5 Day Chart for NASDAQ:ESSA

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