Avidbank Holdings, Inc. (OTCMKTS:AVBH - Free Report) - Research analysts at DA Davidson raised their FY2024 earnings per share (EPS) estimates for shares of Avidbank in a note issued to investors on Wednesday, October 23rd. DA Davidson analyst G. Tenner now expects that the company will earn $2.60 per share for the year, up from their previous forecast of $2.45. The consensus estimate for Avidbank's current full-year earnings is $2.71 per share. DA Davidson also issued estimates for Avidbank's FY2025 earnings at $2.64 EPS.
A number of other equities research analysts have also recently weighed in on the company. Janney Montgomery Scott assumed coverage on Avidbank in a report on Friday, July 12th. They set a "neutral" rating and a $21.00 price target for the company. Stephens dropped their price target on Avidbank from $24.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, July 23rd.
Read Our Latest Stock Report on AVBH
Avidbank Price Performance
Shares of Avidbank stock traded up $0.12 during midday trading on Friday, hitting $20.37. 1,400 shares of the company were exchanged, compared to its average volume of 4,725. The firm has a market cap of $159.29 million, a P/E ratio of 9.74 and a beta of 0.69. Avidbank has a 52 week low of $18.16 and a 52 week high of $22.00. The firm has a 50 day simple moving average of $19.56 and a 200-day simple moving average of $19.10.
Avidbank (OTCMKTS:AVBH - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. The firm had revenue of $38.43 million during the quarter, compared to the consensus estimate of $20.18 million.
About Avidbank
(
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Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.
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