Alert: New Earnings Report (10/24/24)-ESSA Bancorp Inc (NASDAQ: ESSA).

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ESSA Bancorp Inc (NASDAQ: ESSA) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.44 versus $0.47 for the same period a year ago — a decline of -6%. E.P.S. were $1.78 for the latest four quarters through September 30 versus $1.91 for the same period a year ago — a decline of -7%.

Recent Price Action

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ESSA Bancorp Inc (NASDAQ: ESSA) stock declined by -3.8% on 10/24/24. The shares closed at $19.32. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -3.2% during the last week.

Current PriceTarget Research Rating

ESSA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

ESSA Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ESSA Bancorp has a neutral Power Rating of 52 but a good Appreciation Score of 75, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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