Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Eastern Bankshares Inc (NASDAQ: EBC) closed at $15.03 in the last session, down -0.73% from day before closing price of $15.14. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 1.27 million shares were traded. EBC stock price reached its highest trading level at $15.24 during the session, while it also had its lowest trading level at $14.95.
Ratios:
We take a closer look at EBC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On September 12, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16. JP Morgan Downgraded its Neutral to Underweight on January 31, 2023, whereas the target price for the stock was revised from $19.50 to $15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 13 ’25 when Borgen Luis sold 2,348 shares for $15.68 per share. The transaction valued at 36,817 led to the insider holds 27,187 shares of the business.
Borgen Luis sold 2,348 shares of EBC for $36,629 on May 20 ’25. The Director now owns 29,011 shares after completing the transaction at $15.60 per share. On May 13 ’25, another insider, LUIS BORGEN, who serves as the Director of the company, bought 4,696 shares for $15.66 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EBC now has a Market Capitalization of 2931496448 and an Enterprise Value of 2478155008. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 4.509.
Stock Price History:
The Beta on a monthly basis for EBC is 0.95, which has changed by 0.005351186 over the last 52 weeks, in comparison to a change of 0.18634176 over the same period for the S&P500. Over the past 52 weeks, EBC has reached a high of $19.40, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is -2.13%, while the 200-Day Moving Average is calculated to be -9.07%.
Shares Statistics:
According to the various share statistics, EBC traded on average about 1.54M shares per day over the past 3-months and 1656100 shares per day over the past 10 days. A total of 211.50M shares are outstanding, with a floating share count of 194.25M. Insiders hold about 8.14% of the company’s shares, while institutions hold 67.81% stake in the company. Shares short for EBC as of 1752537600 were 7248303 with a Short Ratio of 4.72, compared to 1749772800 on 7159612. Therefore, it implies a Short% of Shares Outstanding of 7248303 and a Short% of Float of 3.7900000000000005.
Earnings Estimates
As of right now, 4.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.42, with high estimates of $0.45 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.61 and $1.55 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $1.99, with 4.0 analysts recommending between $2.03 and $1.94.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $243.6M. It ranges from a high estimate of $243.6M to a low estimate of $243.6M. As of the current estimate, Eastern Bankshares Inc’s year-ago sales were $203.38MFor the next quarter, 1 analysts are estimating revenue of $286.12M. There is a high estimate of $286.12M for the next quarter, whereas the lowest estimate is $286.12M.
A total of 1 analysts have provided revenue estimates for EBC’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $1.01B, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $731.51MBased on 1 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.26B and the low estimate is $1.26B.