Would Eagle Bancorp Inc. (NASDAQ:EGBN) change direction?


How far has the equity of Eagle Bancorp, Inc. (NASDAQ:EGBN) come to trade at their latest price of $62.80, which gives it a market capitalization of $2.09B.

To trade now at $62.80, the stock has come from a 52-week low of $39.34%. But the current price also assesses with the 52-week hit of $-3.30%.

The Barchart Technical Opinion rating is a 56% Buy with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators mostly agree with the trend. The market is approaching overbought territory. Be watchful of a trend reversal.

Recently, Eagle Bancorp, Inc. (NASDAQ:EGBN) announced that the stock’s journey to the latest price can be understood by assessing at its performance from the previous week down to the 12-months. The stock?s weekly performance was 6.17% and its monthly performance is 6.08%. For the quarter, the equity has moved 3.12%% and for half-year it has moved -1.64%. So far this year the equity has moved 23.40% and for the previous 12 months it has moved 3.04%.

Studying simple moving averages also indicate the stock?s journey so far. The 20-Day Simple Moving Average is $7.08%, the 50-Day SMA is $6.47%, while the 200-Day SMA is $10.12%.

In terms of financial performance, Eagle Bancorp, Inc. reported gross margin of -% for the last 12 months operating margin of 86.00% for the equivalent period. Net profit margin was noted at 34.50%. With that, Eagle Bancorp, Inc. posted EPS of $2.94.

That said, Eagle Bancorp, Inc. has P/E of 21.38 and PEG of 1.78. EPS growth this year is projected to be 14.50% and Forward P/E is calculated to 16.94.

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