Extremely Critical Press Coverage Somewhat Likely to Affect ESSA Bancorp (ESSA) Stock Price

Headlines about ESSA Bancorp (NASDAQ:ESSA) have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ESSA Bancorp earned a news impact score of -4.14 on their scale. InfoTrie also gave news headlines about the financial services provider an news buzz score of 6 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.

NASDAQ:ESSA opened at $16.15 on Friday. The firm has a market cap of $190.42 million, a P/E ratio of 26.92 and a beta of 0.29. ESSA Bancorp has a one year low of $14.16 and a one year high of $16.80. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.73.

ESSA Bancorp (NASDAQ:ESSA) last released its earnings results on Thursday, August 9th. The financial services provider reported $0.26 EPS for the quarter. The firm had revenue of $14.46 million during the quarter. ESSA Bancorp had a net margin of 9.03% and a return on equity of 3.64%.

In related news, Director Daniel J. Henning sold 2,500 shares of the company’s stock in a transaction on Friday, October 26th. The shares were sold at an average price of $16.00, for a total transaction of $40,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Gary S. Olson sold 2,298 shares of the company’s stock in a transaction on Tuesday, October 2nd. The shares were sold at an average price of $16.25, for a total transaction of $37,342.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,564 shares of company stock valued at $333,277. Corporate insiders own 8.83% of the company’s stock.

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ESSA Bancorp Company Profile

ESSA Bancorp, Inc operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. Its deposit products include 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 for businesses.

Further Reading: How to Invest in the Dividend Aristocrat Index

Insider Buying and Selling by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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