Univest Financial (NASDAQ:UVSP) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, April 28th. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Univest Financial (NASDAQ:UVSP) last issued its quarterly earnings data on Thursday, January 28th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.41. The business had revenue of $64.66 million for the quarter, compared to analysts’ expectations of $62.36 million. Univest Financial had a return on equity of 5.62% and a net margin of 13.04%. On average, analysts expect Univest Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of UVSP opened at $26.59 on Wednesday. The stock’s 50-day simple moving average is $28.12 and its 200 day simple moving average is $22.24. The stock has a market capitalization of $779.57 million, a price-to-earnings ratio of 21.27 and a beta of 1.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.02 and a current ratio of 1.02. Univest Financial has a 52-week low of $13.20 and a 52-week high of $30.14.
Separately, Raymond James increased their price objective on Univest Financial from $20.00 to $27.00 and gave the stock an “outperform” rating in a report on Monday, February 1st. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $21.00.
In other news, Director Joseph P. Beebe acquired 4,000 shares of Univest Financial stock in a transaction dated Monday, February 22nd. The shares were purchased at an average cost of $24.78 per share, for a total transaction of $99,120.00. Following the transaction, the director now owns 4,000 shares of the company’s stock, valued at $99,120. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director K Leon Moyer sold 1,000 shares of the stock in a transaction dated Thursday, March 11th. The shares were sold at an average price of $28.76, for a total value of $28,760.00. The disclosure for this sale can be found here. Insiders acquired a total of 7,010 shares of company stock worth $177,018 over the last 90 days. Corporate insiders own 2.59% of the company’s stock.
About Univest Financial
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.
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