A share price of Eastern Bankshares Inc [EBC] is currently trading at $15.11, up 3.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EBC shares have gain 4.50% over the last week, with a monthly amount drifted -8.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Seaport Research Partners started tracking the stock with Buy rating on September 12, 2023, and set its price target to $16. On January 31, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $15 on the stock. Janney downgraded its rating to a Neutral but stick to its price target of $17 on January 30, 2023. Piper Sandler initiated its recommendation with a Overweight and recommended $25 as its price target on November 16, 2021. Seaport Global Securities started tracking with a Buy rating for this stock on February 18, 2021, and assigned it a price target of $19. In a note dated November 10, 2020, JP Morgan initiated an Neutral rating and provided a target price of $14 on this stock.
Eastern Bankshares Inc experienced fluctuations in its stock price throughout the past year between $12.54 and $19.40. Eastern Bankshares Inc [NASDAQ: EBC] shares were valued at $15.11 at the most recent close of the market.
Analyzing the EBC fundamentals
Trailing Twelve Months sales for Eastern Bankshares Inc [NASDAQ:EBC] were 1.07B which represents 32.65% growth. Gross Profit Margin for this corporation currently stands at 1.08% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.80 points at the first support level, and at 14.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.30, and for the 2nd resistance point, it is at 15.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Eastern Bankshares Inc [NASDAQ:EBC] is 0.08. Considering the valuation of this stock, the price to sales ratio is 3.02, the price to book ratio is 0.89 and price to earnings (TTM) ratio is 22.68.
Transactions by insiders
Recent insider trading involved Rosato R David, Chief Financial Officer, that happened on Mar 11 ’25 when 10000.0 shares were purchased. Director, Jackson Deborah C completed a deal on Dec 02 ’24 to sell 5713.0 shares. Meanwhile, Director Borgen Luis sold 12419.0 shares on Dec 02 ’24.
