Eagle Financial Services Inc. (NASDAQ:EFSI) Given Average Recommendation of “Moderate Buy” by Analysts

Eagle Financial Services Inc. (NASDAQ:EFSI) has earned a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $42.25.

A number of equities analysts recently issued reports on the stock. DA Davidson reissued a “neutral” rating and issued a $40.00 price target on shares of Eagle Financial Services in a research note on Monday. Weiss Ratings raised Eagle Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 26th. Zacks Research upgraded Eagle Financial Services from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, Freedom Capital raised Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th.

Eagle Financial Services Stock Down 0.8%

Shares of Eagle Financial Services stock opened at $40.14 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.16. Eagle Financial Services has a 12-month low of $31.44 and a 12-month high of $44.00. The company has a market cap of $217.16 million, a P/E ratio of 11.60 and a beta of 0.22. The company’s fifty day simple moving average is $40.95 and its two-hundred day simple moving average is $38.53.

Eagle Financial Services (NASDAQ:EFSI) last posted its earnings results on Thursday, July 23rd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.37). The company had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $21.29 million. Eagle Financial Services had a return on equity of 8.44% and a net margin of 15.16%. Research analysts anticipate that Eagle Financial Services will post 3.12 EPS for the current year.

Eagle Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 3rd. Eagle Financial Services’s dividend payout ratio is presently 35.84%.

Hedge Funds Weigh In On Eagle Financial Services

Institutional investors have recently added to or reduced their stakes in the company. Fourthstone LLC lifted its position in Eagle Financial Services by 64.0% during the fourth quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock valued at $18,064,000 after buying an additional 177,132 shares during the period. Vanguard Group Inc. increased its stake in shares of Eagle Financial Services by 105.3% in the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock worth $11,606,000 after acquiring an additional 157,331 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Eagle Financial Services by 148.9% in the 2nd quarter. Geode Capital Management LLC now owns 106,571 shares of the company’s stock worth $3,264,000 after acquiring an additional 63,756 shares in the last quarter. UBS Group AG lifted its position in Eagle Financial Services by 2,935.5% during the 4th quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after acquiring an additional 70,686 shares during the period. Finally, Mendon Capital Advisors Corp lifted its position in Eagle Financial Services by 8.0% during the 2nd quarter. Mendon Capital Advisors Corp now owns 54,000 shares of the company’s stock valued at $1,653,000 after acquiring an additional 4,000 shares during the period. Institutional investors own 0.31% of the company’s stock.

About Eagle Financial Services

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.