Equity BancShares Inc (NASDAQ:EQBK) Set to Announce Quarterly Earnings on Wednesday
Equity BancShares Inc (NASDAQ:EQBK) will be releasing its earnings data after the market closes on Wednesday, July 19th. Analysts expect Equity BancShares to post earnings of $0.50 per share for the quarter.
Shares of Equity BancShares Inc (EQBK) opened at 33.90 on Tuesday. The firm has a market cap of $413.72 million, a price-to-earnings ratio of 30.46 and a beta of 1.01. The stock has a 50 day moving average price of $30.63 and a 200-day moving average price of $32.07. Equity BancShares Inc has a 1-year low of $20.77 and a 1-year high of $38.03.
A number of research firms have recently commented on EQBK. Cowen and Company began coverage on Equity BancShares in a research note on Wednesday, June 14th. They issued a “market perform” rating and a $14.00 price objective on the stock. FBR & Co reiterated a “buy” rating and issued a $40.00 price objective on shares of Equity BancShares in a research note on Friday, April 21st. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $37.00 price objective on shares of Equity BancShares in a research note on Wednesday, May 24th. Zacks Investment Research lowered Equity BancShares from a “hold” rating to a “sell” rating in a research note on Friday, March 24th. Finally, Sandler O’Neill began coverage on Equity BancShares in a research note on Wednesday, June 14th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $30.33.
In related news, EVP Julie A. Huber sold 6,578 shares of the business’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $31.58, for a total transaction of $207,733.24. Following the transaction, the executive vice president now directly owns 48,654 shares in the company, valued at $1,536,493.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Julie A. Huber sold 1,300 shares of the business’s stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $29.91, for a total value of $38,883.00. Following the transaction, the executive vice president now owns 42,382 shares in the company, valued at $1,267,645.62. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 6,010 shares of company stock worth $183,557 and have sold 19,257 shares worth $610,630. Insiders own 14.90% of the company’s stock.
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About Equity BancShares
Equity Bancshares, Inc is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of over 30 branches located in Kansas and Missouri.
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