Enterprise Financial Services (EFSC) Scheduled to Post Earnings on Monday
Enterprise Financial Services (NASDAQ:EFSC) is set to post its quarterly earnings results before the market opens on Monday, January 22nd. Analysts expect Enterprise Financial Services to post earnings of $0.76 per share for the quarter.
Enterprise Financial Services (NASDAQ:EFSC) last posted its earnings results on Monday, October 23rd. The bank reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.01. The business had revenue of $54.00 million during the quarter, compared to analyst estimates of $54.11 million. Enterprise Financial Services had a return on equity of 11.15% and a net margin of 24.73%. On average, analysts expect Enterprise Financial Services to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Enterprise Financial Services (EFSC) opened at $47.25 on Monday. The company has a market capitalization of $1,089.82, a price-to-earnings ratio of 19.52, a price-to-earnings-growth ratio of 1.68 and a beta of 0.87. Enterprise Financial Services has a fifty-two week low of $36.65 and a fifty-two week high of $47.60. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.05.
In related news, insider Douglas Bauche sold 960 shares of Enterprise Financial Services stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $44.10, for a total value of $42,336.00. Following the completion of the sale, the insider now owns 679 shares of the company’s stock, valued at $29,943.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Scott Richard Goodman sold 3,700 shares of Enterprise Financial Services stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $45.85, for a total value of $169,645.00. Following the completion of the sale, the president now directly owns 38,269 shares of the company’s stock, valued at approximately $1,754,633.65. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by company insiders.
A number of analysts have commented on the company. Zacks Investment Research lowered Enterprise Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Piper Jaffray Companies reissued a “buy” rating and issued a $54.50 target price on shares of Enterprise Financial Services in a report on Tuesday, January 9th. ValuEngine lowered Enterprise Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $46.00 target price on shares of Enterprise Financial Services in a report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $50.83.
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Enterprise Financial Services Company Profile
Enterprise Financial Services Corp is a financial holding company for a full service banking subsidiary, Enterprise Bank & Trust (the Bank). The Bank offers banking and wealth management services to individuals and business customers primarily located in the St. Louis, Kansas City and Phoenix metropolitan markets.
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