Univest Financial (NASDAQ:UVSP - Get Free Report) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.08, Zacks reports. Univest Financial had a net margin of 14.90% and a return on equity of 8.24%.
Univest Financial Stock Performance
Shares of NASDAQ UVSP traded down $0.20 during trading on Wednesday, reaching $29.95. 139,772 shares of the stock traded hands, compared to its average volume of 79,046. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $869.75 million, a P/E ratio of 12.03 and a beta of 0.89. Univest Financial has a 52-week low of $18.41 and a 52-week high of $32.75. The company has a 50-day moving average of $30.47 and a 200-day moving average of $28.42.
Analyst Ratings Changes
Separately, Piper Sandler boosted their target price on shares of Univest Financial from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Friday, October 25th.
Read Our Latest Stock Analysis on UVSP
About Univest Financial
(
Get Free Report)
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.
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