Peoples Financial Services (NASDAQ:PFIS - Get Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.17), Zacks reports. Peoples Financial Services had a return on equity of 8.97% and a net margin of 3.70%.
Peoples Financial Services Stock Up 1.1 %
PFIS stock traded up $0.58 on Monday, hitting $51.55. 30,022 shares of the company's stock were exchanged, compared to its average volume of 28,043. The firm has a 50 day moving average price of $51.82 and a two-hundred day moving average price of $49.22. Peoples Financial Services has a 12-month low of $36.26 and a 12-month high of $59.70. The stock has a market cap of $515.24 million, a P/E ratio of 45.62 and a beta of 0.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93.
Peoples Financial Services Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.6175 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.47 annualized dividend and a dividend yield of 4.79%. Peoples Financial Services's dividend payout ratio is presently 218.58%.
Analysts Set New Price Targets
A number of analysts have weighed in on the company. StockNews.com upgraded Peoples Financial Services from a "sell" rating to a "hold" rating in a report on Thursday, November 7th. Stephens raised Peoples Financial Services from an "equal weight" rating to an "overweight" rating in a research report on Monday, December 9th. Finally, Hovde Group boosted their target price on shares of Peoples Financial Services from $48.00 to $53.00 and gave the stock a "market perform" rating in a report on Monday, November 11th.
Check Out Our Latest Report on Peoples Financial Services
About Peoples Financial Services
(
Get Free Report)
Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.
Read More
Before you consider Peoples Financial Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Peoples Financial Services wasn't on the list.
While Peoples Financial Services currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
