Esquire Financial (NASDAQ:ESQ – Get Free Report) was downgraded by equities research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, MarketBeat reports. They presently have a $72.00 price target on the stock, up from their previous price target of $68.00. Keefe, Bruyette & Woods’ price target indicates a potential upside of 17.40% from the stock’s current price.
Esquire Financial Price Performance
Shares of NASDAQ ESQ opened at $61.33 on Wednesday. The firm’s 50-day moving average is $59.95 and its two-hundred day moving average is $52.10. The company has a market capitalization of $508.61 million, a PE ratio of 13.19 and a beta of 0.70. Esquire Financial has a 12-month low of $43.24 and a 12-month high of $66.18.
Esquire Financial (NASDAQ:ESQ – Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.04. Esquire Financial had a return on equity of 19.92% and a net margin of 31.36%. The firm had revenue of $33.66 million for the quarter, compared to analysts’ expectations of $29.99 million. On average, analysts forecast that Esquire Financial will post 5.13 EPS for the current fiscal year.
Institutional Investors Weigh In On Esquire Financial
About Esquire Financial
Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.
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