QNB (NASDAQ:QNBC) Stock Rating Upgraded by Wall Street Zen

QNB (NASDAQ:QNBC) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other research analysts have also recently issued reports on the stock. Brean Capital raised shares of QNB to a “strong-buy” rating in a report on Wednesday, October 14th. Weiss Ratings assumed coverage on shares of QNB in a report on Friday, August 28th. They set a “hold (c)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

QNB Stock Performance

Shares of QNB stock opened at $45.70 on Friday. The stock has a market cap of $278.77 million, a price-to-earnings ratio of 13.56 and a beta of 0.43. The firm’s 50-day moving average is $45.08 and its 200 day moving average is $42.26. QNB has a 1 year low of $34.00 and a 1 year high of $46.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.84 and a quick ratio of 0.84.

QNB (NASDAQ:QNBC) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.60 EPS for the quarter. The company had revenue of $20.49 million for the quarter. QNB had a net margin of 12.40% and a return on equity of 13.96%. Sell-side analysts anticipate that QNB will post 4.36 EPS for the current fiscal year.

QNB Company Profile

QNB Corp. is a bank holding company headquartered in Quakertown, Pennsylvania. Through its principal subsidiary, QNB Bank, the company provides community banking services to individuals, families, businesses and organizations in eastern Pennsylvania.

QNB Bank offers deposit products, residential and commercial real estate lending, consumer loans and business financing. Its services also include digital banking, cash management and other financial solutions designed to support personal and commercial banking needs.

Founded in 1877, QNB has developed a branch network serving communities primarily in Bucks, Lehigh, Montgomery and Northampton counties.