--- title: "StockNews.com Begins Coverage on ESSA Bancorp (NASDAQ:ESSA)" type: "News" locale: "en" url: "https://longbridge.com/en/news/237773470.md" description: "StockNews.com has initiated coverage on ESSA Bancorp (NASDAQ:ESSA), assigning a \"hold\" rating. The stock recently opened at $18.34, down 1.3%, with a market cap of $186.24 million. ESSA Bancorp reported earnings of $0.40 per share, missing estimates of $0.43. The company has a debt-to-equity ratio of 0.04 and a net margin of 14.83%. Institutional investors hold 54.15% of the stock, with notable increases in stakes from firms like Nuveen Asset Management and Bank of America." datetime: "2025-04-28T06:11:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237773470.md) - [en](https://longbridge.com/en/news/237773470.md) - [zh-HK](https://longbridge.com/zh-HK/news/237773470.md) --- # StockNews.com Begins Coverage on ESSA Bancorp (NASDAQ:ESSA) Analysts at StockNews.com assumed coverage on shares of ESSA Bancorp (NASDAQ:ESSA - Get Free Report) in a research report issued on Sunday. The brokerage set a "hold" rating on the financial services provider's stock. ## ESSA Bancorp Stock Down 1.3 % Shares of NASDAQ:ESSA opened at $18.34 on Friday. The firm has a 50 day simple moving average of $19.00 and a 200 day simple moving average of $19.69. ESSA Bancorp has a 52 week low of $15.82 and a 52 week high of $22.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market cap of $186.24 million, a PE ratio of 10.54 and a beta of 0.32. ESSA Bancorp (NASDAQ:ESSA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). ESSA Bancorp had a net margin of 14.83% and a return on equity of 7.27%. The business had revenue of $16.23 million for the quarter, compared to analysts' expectations of $17.19 million. ## Institutional Trading of ESSA Bancorp Several large investors have recently added to or reduced their stakes in the business. Nuveen Asset Management LLC grew its stake in ESSA Bancorp by 9.6% in the 4th quarter. Nuveen Asset Management LLC now owns 12,672 shares of the financial services provider's stock valued at $247,000 after buying an additional 1,107 shares during the last quarter. FJ Capital Management LLC increased its position in ESSA Bancorp by 2.7% in the 4th quarter. FJ Capital Management LLC now owns 967,168 shares of the financial services provider's stock worth $18,860,000 after buying an additional 25,176 shares during the period. Deutsche Bank AG acquired a new position in shares of ESSA Bancorp during the fourth quarter worth approximately $109,000. Bank of America Corp DE boosted its position in shares of ESSA Bancorp by 44.5% in the fourth quarter. Bank of America Corp DE now owns 12,118 shares of the financial services provider's stock valued at $236,000 after acquiring an additional 3,731 shares during the period. Finally, Northern Trust Corp increased its position in ESSA Bancorp by 3.4% during the fourth quarter. Northern Trust Corp now owns 69,810 shares of the financial services provider's stock worth $1,361,000 after acquiring an additional 2,289 shares during the period. 54.15% of the stock is owned by institutional investors. ## ESSA Bancorp Company Profile (Get Free Report) ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. ## See Also - Five stocks we like better than ESSA Bancorp - Industrial Products Stocks Investing - Markets Think Robinhood Earnings Could Send the Stock Up - What is a Bond Market Holiday? How to Invest and Trade - Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? - Comparing and Trading High PE Ratio Stocks - AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in ESSA Bancorp Right Now? Before you consider ESSA Bancorp, 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 ESSA Bancorp wasn't on the list. 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