Enterprise Financial Services (NASDAQ:EFSC) Issues Earnings Results, Beats Expectations By $0.31 EPS

Enterprise Financial Services (NASDAQ:EFSC) announced its quarterly earnings results on Sunday. The bank reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.31, MarketWatch Earnings reports. Enterprise Financial Services had a return on equity of 8.61% and a net margin of 21.40%.

Enterprise Financial Services stock traded up $0.83 on Tuesday, hitting $37.47. 5,028 shares of the stock traded hands, compared to its average volume of 100,138. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The firm has a market cap of $982.09 million, a P/E ratio of 13.50 and a beta of 1.28. The business’s fifty day simple moving average is $36.04 and its 200 day simple moving average is $31.96. Enterprise Financial Services has a 1 year low of $21.70 and a 1 year high of $46.71.

In other Enterprise Financial Services news, Director James F. Deutsch sold 1,647 shares of the firm’s stock in a transaction on Monday, November 23rd. The stock was sold at an average price of $35.00, for a total transaction of $57,645.00. Following the completion of the transaction, the director now owns 41 shares of the company’s stock, valued at $1,435. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James F. Deutsch sold 4,729 shares of Enterprise Financial Services stock in a transaction dated Tuesday, December 1st. The stock was sold at an average price of $35.05, for a total value of $165,751.45. Following the completion of the transaction, the director now directly owns 41 shares of the company’s stock, valued at approximately $1,437.05. The disclosure for this sale can be found here. Insiders have sold 96,980 shares of company stock valued at $3,416,984 in the last three months. Insiders own 9.00% of the company’s stock.

A number of analysts recently commented on EFSC shares. TheStreet raised Enterprise Financial Services from a “c+” rating to a “b-” rating in a research note on Wednesday, November 11th. Raymond James raised their price objective on Enterprise Financial Services from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, December 1st. Finally, Zacks Investment Research lowered Enterprise Financial Services from a “hold” rating to a “sell” rating in a research report on Wednesday, December 23rd.

About Enterprise Financial Services

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking and savings account, and certificates of deposit. It also provides commercial and industrial, commercial real estate, real estate construction and development, residential real estate, and consumer loans.

Further Reading: Gap Down Stocks

Earnings History for Enterprise Financial Services (NASDAQ:EFSC)

Receive News & Ratings for Enterprise Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.