Eagle Financial Services (NASDAQ:EFSI) Rating Increased to Hold at Zacks Research

Eagle Financial Services (NASDAQ:EFSI) was upgraded by analysts at Zacks Research to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts have also recently weighed in on EFSI. Weiss Ratings upgraded shares of Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research note on Monday, February 9th. DA Davidson assumed coverage on Eagle Financial Services in a report on Wednesday. They issued a “neutral” rating and a $43.00 target price on the stock. Loop Capital set a $43.00 target price on Eagle Financial Services in a report on Monday, February 9th. Finally, Keefe, Bruyette & Woods increased their price target on Eagle Financial Services from $42.00 to $43.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $43.00.

Eagle Financial Services Stock Down 5.6%

Shares of Eagle Financial Services stock opened at $34.71 on Thursday. The stock has a market capitalization of $186.74 million, a price-to-earnings ratio of 26.70 and a beta of 0.20. Eagle Financial Services has a twelve month low of $28.70 and a twelve month high of $41.12. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.37. The business’s 50 day simple moving average is $39.08 and its 200-day simple moving average is $37.76.

Eagle Financial Services (NASDAQ:EFSI) last issued its quarterly earnings data on Monday, January 26th. The company reported $0.81 EPS for the quarter. Eagle Financial Services had a return on equity of 9.99% and a net margin of 7.76%.The firm had revenue of $21.76 million during the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new stake in Eagle Financial Services in the 3rd quarter worth about $26,000. Police & Firemen s Retirement System of New Jersey purchased a new position in Eagle Financial Services during the 2nd quarter valued at about $32,000. CWM LLC purchased a new position in Eagle Financial Services during the 3rd quarter valued at about $45,000. BNP Paribas Financial Markets increased its holdings in shares of Eagle Financial Services by 82.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock valued at $45,000 after purchasing an additional 538 shares during the period. Finally, Daytona Street Capital LLC purchased a new stake in shares of Eagle Financial Services in the fourth quarter worth approximately $60,000. 0.31% of the stock is owned by institutional investors and hedge funds.

Eagle Financial Services Company Profile

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.