Peoples Bancorp (NASDAQ:PEBO) is set to post its quarterly earnings results before the market opens on Tuesday, October 23rd. Analysts expect Peoples Bancorp to post earnings of $0.66 per share for the quarter.
Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings results on Tuesday, July 24th. The bank reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.01. The company had revenue of $46.62 million for the quarter, compared to analysts’ expectations of $46.56 million. Peoples Bancorp had a return on equity of 9.07% and a net margin of 20.70%. On average, analysts expect Peoples Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NASDAQ PEBO opened at $33.36 on Friday. The firm has a market capitalization of $656.59 million, a price-to-earnings ratio of 14.63, a P/E/G ratio of 1.60 and a beta of 0.68. Peoples Bancorp has a 1 year low of $30.84 and a 1 year high of $39.58. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23.
Several research analysts have issued reports on the company. Zacks Investment Research cut Peoples Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Boenning Scattergood reaffirmed a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, July 25th. ValuEngine raised Peoples Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, October 9th. Hovde Group set a $40.00 price objective on shares of Peoples Bancorp and gave the stock a “hold” rating in a research report on Wednesday, July 25th. Finally, BidaskClub cut shares of Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Six investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $40.00.
About Peoples Bancorp
Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.
Recommended Story: Dow Jones Industrial Average (DJIA)
Receive News & Ratings for Peoples Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.