The stock of Eagle Bancorp Inc (MD) (EGBN) has seen a 8.30% increase in the past week, with a 23.25% gain in the past month, and a 18.94% flourish in the past quarter. The volatility ratio for the week is 5.00%, and the volatility levels for the past 30 days are at 3.85% for EGBN.. The simple moving average for the past 20 days is 14.38% for EGBN’s stock, with a 24.16% simple moving average for the past 200 days.
Is It Worth Investing in Eagle Bancorp Inc (MD) (NASDAQ: EGBN) Right Now?
The 36-month beta value for EGBN is also noteworthy at 1.09. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for EGBN is 29.17M, and at present, short sellers hold a 4.46% of that float. The average trading volume of EGBN on October 25, 2024 was 325.78K shares.
EGBN) stock’s latest price update
Eagle Bancorp Inc (MD) (NASDAQ: EGBN)’s stock price has soared by 15.46 in relation to previous closing price of 23.28. Nevertheless, the company has seen a gain of 8.30% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-24 that Eagle Bancorp, Inc. (NASDAQ:EGBN ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Eric Newell – CFO Susan Riel – President and CEO Janice Williams – Chief Credit Officer Kevin Geoghagen – Incoming Chief Credit Officer Conference Call Participants Justin Crowley – Piper Sandler Catherine Mealor – KBW Christopher Marinac – Janney Montgomery Scott Operator Good day and thank you for standing by. Welcome to the Eagle Bancorp Inc. Third Quarter 2024 Earnings Conference Call.
Analysts’ Opinion of EGBN
Many brokerage firms have already submitted their reports for EGBN stocks, with Piper Sandler repeating the rating for EGBN by listing it as a “Neutral.” The predicted price for EGBN in the upcoming period, according to Piper Sandler is $27 based on the research report published on October 21, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see EGBN reach a price target of $50. The rating they have provided for EGBN stocks is “Neutral” according to the report published on December 05th, 2022.
EGBN Trading at 20.70% from the 50-Day Moving Average
After a stumble in the market that brought EGBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.92% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 5.00%, as shares surge +21.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.27% upper at present.
During the last 5 trading sessions, EGBN rose by +8.30%, which changed the moving average for the period of 200-days by -7.25% in comparison to the 20-day moving average, which settled at $23.50. In addition, Eagle Bancorp Inc (MD) saw -10.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EGBN starting from Ludwig A. Leslie, who purchase 1,500 shares at the price of $16.89 back on Jun 13 ’24. After this action, Ludwig A. Leslie now owns 41,413 shares of Eagle Bancorp Inc (MD), valued at $25,335 using the latest closing price.
Saltzman Paul, the EVP/Chief Legal Officer of Eagle Bancorp Inc (MD), purchase 1,000 shares at $16.46 during a trade that took place back on Jun 10 ’24, which means that Saltzman Paul is holding 21,177 shares at $16,460 based on the most recent closing price.
Stock Fundamentals for EGBN
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 1.0 for the gross margin
The net margin for Eagle Bancorp Inc (MD) stands at -0.06. The total capital return value is set at 0.03. Equity return is now at value -3.45, with -0.38 for asset returns.
Based on Eagle Bancorp Inc (MD) (EGBN), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.46. The interest coverage ratio of the stock is 0.75.
Currently, EBITDA for the company is 3.48 million with net debt to EBITDA at -14.59. When we switch over and look at the enterprise to sales, we see a ratio of 3.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.
Conclusion
In summary, Eagle Bancorp Inc (MD) (EGBN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
