Peoples Bancorp (PEBO) Scheduled to Post Earnings on Tuesday

Peoples Bancorp (NASDAQ:PEBO) is scheduled to be releasing its earnings data before the market opens on Tuesday, July 23rd. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.04. Peoples Bancorp had a return on equity of 12.78% and a net margin of 20.17%. The business had revenue of $112.82 million for the quarter, compared to analyst estimates of $111.41 million. On average, analysts expect Peoples Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Peoples Bancorp Stock Down 0.5 %

Shares of PEBO stock opened at $32.89 on Monday. Peoples Bancorp has a twelve month low of $24.84 and a twelve month high of $34.85. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82. The stock’s 50 day simple moving average is $29.68 and its 200 day simple moving average is $29.34. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 9.85 and a beta of 0.76.

Insiders Place Their Bets

In related news, CEO Tyler J. Wilcox sold 8,621 shares of the business’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $29.01, for a total transaction of $250,095.21. Following the transaction, the chief executive officer now directly owns 40,231 shares in the company, valued at $1,167,101.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Tyler J. Wilcox sold 8,621 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $29.01, for a total value of $250,095.21. Following the completion of the transaction, the chief executive officer now directly owns 40,231 shares of the company’s stock, valued at $1,167,101.31. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David F. Dierker sold 4,000 shares of the business’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $32.07, for a total transaction of $128,280.00. Following the completion of the sale, the director now directly owns 13,330 shares in the company, valued at approximately $427,493.10. The disclosure for this sale can be found here. Insiders have sold 13,344 shares of company stock worth $399,716 in the last ninety days. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

PEBO has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $33.00 price objective (down from $36.00) on shares of Peoples Bancorp in a report on Wednesday, April 24th. Hovde Group began coverage on shares of Peoples Bancorp in a report on Monday, April 1st. They set a “market perform” rating and a $31.00 price target for the company. StockNews.com upgraded Peoples Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, April 27th. Finally, Stephens restated an “equal weight” rating and set a $34.00 target price on shares of Peoples Bancorp in a research note on Wednesday, April 24th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $33.00.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.