Shares of Equity BancShares Inc (NASDAQ:EQBK) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $46.00.

A number of analysts have recently issued reports on EQBK shares. ValuEngine cut shares of Equity BancShares from a “buy” rating to a “hold” rating in a research note on Saturday, July 14th. BidaskClub raised shares of Equity BancShares from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. Finally, Zacks Investment Research raised shares of Equity BancShares from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th.

In related news, EVP Julie A. Huber sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $41.57, for a total transaction of $124,710.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 14.90% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of EQBK. Voya Investment Management LLC purchased a new position in Equity BancShares during the second quarter valued at $206,000. Jane Street Group LLC purchased a new position in Equity BancShares during the first quarter valued at $230,000. Dynamic Technology Lab Private Ltd purchased a new position in Equity BancShares during the second quarter valued at $315,000. Engineers Gate Manager LP bought a new position in Equity BancShares during the second quarter valued at $338,000. Finally, Citadel Advisors LLC bought a new position in Equity BancShares during the first quarter valued at $397,000. 60.32% of the stock is owned by institutional investors.

Shares of NASDAQ EQBK opened at $39.93 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.94 and a quick ratio of 0.92. The firm has a market capitalization of $636.22 million, a PE ratio of 20.17 and a beta of 0.49. Equity BancShares has a 1 year low of $32.92 and a 1 year high of $44.30.

Equity BancShares (NASDAQ:EQBK) last announced its quarterly earnings data on Friday, July 20th. The bank reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.23). The firm had revenue of $35.51 million during the quarter. Equity BancShares had a return on equity of 9.04% and a net margin of 17.33%. research analysts predict that Equity BancShares will post 2.36 earnings per share for the current fiscal year.

Equity BancShares Company Profile

Equity Bancshares, Inc operates as a bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company accepts various deposit products, including demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction loans, homebuilder, agricultural, government guaranteed, and other loans, as well as letters of credit to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.

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