Peoples Bancorp (PEBO) Scheduled to Post Quarterly Earnings on Tuesday

Peoples Bancorp (NASDAQ:PEBO) will issue its quarterly earnings data before the market opens on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.01). The company had revenue of $154.47 million for the quarter, compared to the consensus estimate of $111.30 million. Peoples Bancorp had a net margin of 20.58% and a return on equity of 12.76%. During the same quarter last year, the company earned $0.83 EPS. On average, analysts expect Peoples Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peoples Bancorp Stock Down 1.6 %

Shares of Peoples Bancorp stock opened at $31.70 on Monday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 9.01 and a beta of 0.75. The company’s 50 day moving average is $30.50 and its 200 day moving average is $30.05. Peoples Bancorp has a twelve month low of $25.04 and a twelve month high of $34.85. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.22.

Insider Activity at Peoples Bancorp

In other Peoples Bancorp news, Director David F. Dierker sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $30.36, for a total transaction of $30,360.00. Following the completion of the sale, the director now directly owns 10,330 shares of the company’s stock, valued at approximately $313,618.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 2,121 shares of company stock worth $64,340 over the last quarter. Company insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler assumed coverage on shares of Peoples Bancorp in a research report on Friday, October 4th. They set an “overweight” rating and a $39.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Peoples Bancorp currently has a consensus rating of “Hold” and an average price target of $34.25.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.