Research analysts at StockNews.com began coverage on shares of Enterprise Bancorp (NASDAQ:EBTC – Get Free Report) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the savings and loans company’s stock.
Enterprise Bancorp Stock Up 2.6 %
Shares of NASDAQ:EBTC opened at $42.52 on Monday. Enterprise Bancorp has a 1 year low of $22.60 and a 1 year high of $44.08. The stock has a 50-day simple moving average of $39.00 and a 200-day simple moving average of $33.40. The stock has a market capitalization of $528.52 million, a P/E ratio of 14.66 and a beta of 0.54. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 0.92.
Enterprise Bancorp (NASDAQ:EBTC – Get Free Report) last issued its earnings results on Tuesday, October 22nd. The savings and loans company reported $0.80 earnings per share for the quarter. The company had revenue of $66.28 million during the quarter. Enterprise Bancorp had a return on equity of 10.48% and a net margin of 14.53%.
Hedge Funds Weigh In On Enterprise Bancorp
Enterprise Bancorp Company Profile
Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit.
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