KBW Sticks to Their Buy Rating for Esquire Financial Holdings (ESQ)

In a report released yesterday, Michael Perito from KBW maintained a Buy rating on Esquire Financial Holdings (ESQ – Research Report), with a price target of $65.00. The company’s shares closed yesterday at $47.40.

Perito covers the Financial sector, focusing on stocks such as Provident Financial Services, Bancorp, and SoFi Technologies. According to TipRanks, Perito has an average return of 12.4% and a 58.59% success rate on recommended stocks.

Esquire Financial Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $64.50.

Based on Esquire Financial Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $28.94 million and a net profit of $9.88 million. In comparison, last year the company earned a revenue of $25.12 million and had a net profit of $9.11 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ESQ in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Esquire Financial Holdings (ESQ) Company Description:

Esquire Financial Holdings, Inc. engages in the provision of banking and financial solutions. It offers commercial banking services which serves the financial needs of the legal industry and small business communities, and commercial and retail customers in the New York metropolitan market. The firm specializes in commercial and consumer loans. The company was founded in 2006 and is headquartered in Baltimore, MD.