why Eagle Bancorp Inc [MD] [EGBN] is a Good Choice for Investors After New Price Target of $26.00

MAR Stock

Eagle Bancorp Inc (MD) [NASDAQ: EGBN] slipped around -0.03 points on Wednesday, while shares priced at $29.45 at the close of the session, down -0.10%.

Compared to the average trading volume of 317.39K shares, EGBN reached a trading volume of 128963 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Eagle Bancorp Inc [MD] [EGBN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EGBN shares is $26.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EGBN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Eagle Bancorp Inc (MD) shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 21, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Neutral. The new note on the price target was released on December 05, 2022, representing the official price target for Eagle Bancorp Inc (MD) stock.

The Average True Range (ATR) for Eagle Bancorp Inc (MD) is set at 1.02, with the Price to Sales ratio for EGBN stock in the period of the last 12 months amounting to 1.26. The Price to Book ratio for the last quarter was 0.73. Price to Free Cash Flow for EGBN in the course of the last twelve months was 5.22.

How has EGBN stock performed recently?

Eagle Bancorp Inc (MD) [EGBN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.21. With this latest performance, EGBN shares gained by 10.96% in over the last four-week period, additionally plugging by 68.77% over the last 6 months – not to mention a rise of 25.48% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EGBN stock in for the last two-week period is set at 62.44, with the RSI for the last a single of trading hit 61.48, and the three-weeks RSI is set at 62.71 for Eagle Bancorp Inc (MD) [EGBN]. The present Moving Average for the last 50 days of trading for this stock 25.60, while it was recorded at 29.42 for the last single week of trading, and 21.92 for the last 200 days.

Eagle Bancorp Inc [MD] [EGBN]: Deeper insight into the fundamentals

Eagle Bancorp Inc (MD)’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.16.

Earnings analysis for Eagle Bancorp Inc (MD) [EGBN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EGBN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Eagle Bancorp Inc (MD) go to 7.30%.

Insider trade positions for Eagle Bancorp Inc [MD] [EGBN]

There are presently around $77.27%, or 79.92%% of EGBN stock, in the hands of institutional investors. The top three institutional holders of EGBN stocks are: BLACKROCK INC. with ownership of 4.42 million shares, which is approximately 14.714%. VANGUARD GROUP INC, holding 2.72 million shares of the stock with an approximate value of $$51.35 million in EGBN stocks shares; and VANGUARD GROUP INC, currently with $$31.38 million in EGBN stock with ownership which is approximately 5.522%.