News stories about Equity Bancshares (NASDAQ:EQBK) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Equity Bancshares earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.0612345771833 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Equity Bancshares (NASDAQ:EQBK) traded up 0.11% during mid-day trading on Wednesday, hitting $35.76. 23,837 shares of the company traded hands. The firm has a 50-day moving average of $34.83 and a 200-day moving average of $32.71. The stock has a market capitalization of $436.49 million, a price-to-earnings ratio of 26.85 and a beta of 1.13. Equity Bancshares has a one year low of $24.62 and a one year high of $38.03.
Equity Bancshares (NASDAQ:EQBK) last posted its quarterly earnings data on Friday, July 21st. The bank reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Equity Bancshares had a net margin of 15.31% and a return on equity of 7.41%. The business had revenue of $25.16 million during the quarter. On average, equities analysts predict that Equity Bancshares will post $1.96 earnings per share for the current year.
Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods restated a “buy” rating and set a $41.00 price objective on shares of Equity Bancshares in a research note on Tuesday, October 3rd. ValuEngine lowered shares of Equity Bancshares from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.67.
In related news, CEO Brad S. Elliott sold 4,000 shares of the firm’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $34.00, for a total transaction of $136,000.00. Following the completion of the sale, the chief executive officer now owns 200,933 shares in the company, valued at $6,831,722. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brad S. Elliott sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $34.00, for a total transaction of $340,000.00. Following the sale, the chief executive officer now owns 201,933 shares of the company’s stock, valued at approximately $6,865,722. The disclosure for this sale can be found here. Insiders have sold 24,000 shares of company stock valued at $816,000 in the last 90 days. 14.90% of the stock is currently owned by corporate insiders.
About Equity Bancshares
Equity Bancshares, Inc is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of over 30 branches located in Kansas and Missouri.
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