Esquire Financial (NASDAQ:ESQ – Get Free Report) was downgraded by stock analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. They presently have a $72.00 target price on the stock, up from their previous target price of $68.00. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 15.02% from the stock’s previous close.
Esquire Financial Stock Performance
ESQ stock opened at $62.60 on Wednesday. Esquire Financial has a one year low of $43.24 and a one year high of $66.18. The company has a 50 day moving average price of $59.88 and a two-hundred day moving average price of $52.04. The stock has a market capitalization of $519.14 million, a P/E ratio of 13.46 and a beta of 0.70.
Esquire Financial (NASDAQ:ESQ – Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.21 by $0.04. Esquire Financial had a net margin of 31.36% and a return on equity of 19.92%. The firm had revenue of $33.66 million during the quarter, compared to analyst estimates of $29.99 million. Research analysts forecast that Esquire Financial will post 5.13 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Esquire Financial Company Profile
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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