Equity BancShares Inc (NASDAQ:EQBK) has earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $45.33.

EQBK has been the topic of a number of recent research reports. Keefe, Bruyette & Woods lowered shares of Equity BancShares from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $47.00 to $45.00 in a report on Thursday, January 3rd. ValuEngine upgraded Equity BancShares from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. TheStreet raised Equity BancShares from a “c” rating to a “b-” rating in a research note on Monday, November 12th. Stephens raised Equity BancShares from an “equal” rating to a “weight” rating in a research note on Monday, October 15th. Finally, BidaskClub downgraded Equity BancShares from a “hold” rating to a “sell” rating in a research note on Wednesday, January 9th.

EQBK stock traded up $0.24 during mid-day trading on Wednesday, hitting $32.23. 2,491 shares of the company were exchanged, compared to its average volume of 76,725. Equity BancShares has a 1-year low of $30.90 and a 1-year high of $44.30. The company has a market capitalization of $505.19 million, a PE ratio of 12.21, a price-to-earnings-growth ratio of 1.08 and a beta of 0.44. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 1.38.

Equity BancShares (NASDAQ:EQBK) last announced its quarterly earnings data on Wednesday, January 23rd. The bank reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.08). Equity BancShares had a net margin of 19.76% and a return on equity of 9.88%. The firm had revenue of $38.79 million during the quarter, compared to the consensus estimate of $39.48 million. As a group, research analysts expect that Equity BancShares will post 2.97 EPS for the current year.

In other news, Director Gary C. Allerheiligen purchased 1,000 shares of the business’s stock in a transaction on Monday, November 19th. The shares were acquired at an average price of $37.00 per share, with a total value of $37,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired 3,028 shares of company stock worth $105,230 in the last ninety days. Insiders own 12.20% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. Voya Investment Management LLC purchased a new stake in Equity BancShares during the second quarter worth about $206,000. Sheets Smith Wealth Management acquired a new stake in shares of Equity BancShares in the third quarter valued at approximately $251,000. TD Asset Management Inc. acquired a new stake in shares of Equity BancShares during the fourth quarter worth $282,000. MetLife Investment Advisors LLC lifted its holdings in shares of Equity BancShares by 55.7% during the third quarter. MetLife Investment Advisors LLC now owns 8,412 shares of the bank’s stock worth $330,000 after purchasing an additional 3,008 shares during the period. Finally, Rhumbline Advisers raised its position in Equity BancShares by 42.5% in the fourth quarter. Rhumbline Advisers now owns 19,079 shares of the bank’s stock worth $673,000 after acquiring an additional 5,690 shares in the last quarter. Hedge funds and other institutional investors own 60.92% of the company’s stock.

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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