Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have earned a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $42.25.

EFSI has been the subject of several research analyst reports. Loop Capital set a $43.00 price target on shares of Eagle Financial Services in a research report on Monday, February 9th. Zacks Research lowered shares of Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Capital One Financial set a $43.00 price target on shares of Eagle Financial Services in a research report on Monday, February 9th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $40.00 price target on shares of Eagle Financial Services in a research report on Monday, May 11th.

Insider Activity

In related news, Director Scott M. Hamberger bought 909 shares of the stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of $33.00 per share, for a total transaction of $29,997.00. Following the completion of the purchase, the director owned 2,550 shares in the company, valued at $84,150. This represents a 55.39% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 7.12% of the company’s stock.

Institutional Investors Weigh In On Eagle Financial Services

A number of large investors have recently added to or reduced their stakes in the company. Fourthstone LLC boosted its stake in Eagle Financial Services by 64.0% during the 4th quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock valued at $18,064,000 after acquiring an additional 177,132 shares during the last quarter. Vanguard Group Inc. boosted its stake in Eagle Financial Services by 105.3% during the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock valued at $11,606,000 after acquiring an additional 157,331 shares during the last quarter. Graham Capital Wealth Management LLC boosted its stake in Eagle Financial Services by 5.3% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 129,918 shares of the company’s stock valued at $4,915,000 after acquiring an additional 6,580 shares during the last quarter. Geode Capital Management LLC boosted its stake in Eagle Financial Services by 148.9% during the 2nd quarter. Geode Capital Management LLC now owns 106,571 shares of the company’s stock valued at $3,264,000 after acquiring an additional 63,756 shares during the last quarter. Finally, UBS Group AG boosted its stake in Eagle Financial Services by 2,935.5% during the 4th quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after acquiring an additional 70,686 shares during the last quarter. 0.31% of the stock is owned by institutional investors and hedge funds.

Eagle Financial Services Stock Performance

Shares of EFSI opened at $41.01 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.16. The stock has a market cap of $221.95 million, a P/E ratio of 11.65 and a beta of 0.23. The company has a 50-day moving average of $37.93 and a two-hundred day moving average of $37.78. Eagle Financial Services has a 12-month low of $28.70 and a 12-month high of $41.66.

Eagle Financial Services (NASDAQ:EFSI) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.69 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.17). The firm had revenue of $20.85 million during the quarter, compared to analyst estimates of $21.18 million. Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. As a group, research analysts predict that Eagle Financial Services will post 3.12 EPS for the current fiscal year.

Eagle Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, May 4th. Eagle Financial Services’s payout ratio is currently 35.23%.

About Eagle Financial Services

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.