Peoples Bancorp Inc. (PEBO) Scheduled to Post Quarterly Earnings on Tuesday
Peoples Bancorp Inc. (NASDAQ:PEBO) will be announcing its earnings results before the market opens on Tuesday, October 24th. Analysts expect the company to announce earnings of $0.50 per share for the quarter.
Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings data on Tuesday, July 25th. The bank reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Peoples Bancorp had a return on equity of 7.63% and a net margin of 19.67%. The business had revenue of $41.68 million for the quarter, compared to analyst estimates of $40.81 million. On average, analysts expect Peoples Bancorp to post $2.03 EPS for the current fiscal year and $2.19 EPS for the next fiscal year.
Shares of Peoples Bancorp Inc. (NASDAQ PEBO) opened at 33.93 on Tuesday. Peoples Bancorp Inc. has a 52-week low of $24.16 and a 52-week high of $35.43. The firm has a 50-day moving average price of $32.40 and a 200 day moving average price of $32.11. The stock has a market cap of $611.28 million, a price-to-earnings ratio of 18.34 and a beta of 0.78.
PEBO has been the topic of a number of recent research reports. BidaskClub lowered Peoples Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Peoples Bancorp in a report on Tuesday, July 25th. Boenning Scattergood reissued a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, July 26th. Finally, Zacks Investment Research raised Peoples Bancorp from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $35.00.
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In other news, Director S Craig Beam sold 975 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $34.00, for a total value of $33,150.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 12,987 shares of company stock worth $436,142. Corporate insiders own 3.04% of the company’s stock.
About Peoples Bancorp
Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.
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