How to Buy Essa Bancorp Stock
Essa Bancorp Inc
ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania.
Essa Bancorp stock last closed at $16.28, down 3.41% from the previous day, and has increased 5.75% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.14 percentage points. Essa Bancorp stock is currently +27.25% from its 52-week low of $12.79, and -22.02% from its 52-week high of $20.87.
As of Apr 25, 2024, there are 10.13M shares of ESSA outstanding. The market capitalization of ESSA is $164.89M. In the last 24 hours, 14,130 ESSA shares were traded.
How to Buy Essa Bancorp Stock
Not sure how to invest in Essa Bancorp stock? Here's how.
- Choose where to buy Essa Bancorp stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Essa Bancorp stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Research Essa Bancorp stock: The Essa Bancorp ticker symbol is ESSA. Is Essa Bancorp stock a good investment? Should you buy shares of ESSA? How do ESSA's underlying business fundamentals look? Do top analysts think Essa Bancorp is a good buy? Why has ESSA's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ESSA is a good stock to buy).
- Make your ESSA buy order: Decide if you will purchase ESSA shares at the current market price or use a limit order to purchase ESSA stock at a particular price.
- Get notifications regarding your investment in ESSA: Create a watchlist to monitor your investment in Essa Bancorp shares.
Step 1: Choose where to buy Essa Bancorp stock
You need a brokerage account in order to access the NASDAQ market and buy ESSA shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy ESSA today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock market app for beginners, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring money into your investment account.
Step 4: Research Essa Bancorp stock
Once you have selected the best place to buy Essa Bancorp stock, it's absolutely critical to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Essa Bancorp quick stats
Essa Bancorp Fundamentals
WallStreetZen was created to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on ESSA's stock page.
Is ESSA stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge ESSA's fair value.
Using relative valuations methods:
- ESSA may be undervalued based on its P/E ratio of 8.8x, relative to Banks - Regional industry P/E ratio of -10.31x
- ESSA could be undervalued based on its P/B ratio of 0.75x, relative to Banks - Regional industry P/B ratio of 0.99x
- ESSA could be undervalued based on its PEG ratio of 0.95x
You can do more valuation analysis on ESSA's stock here.
ESSA Financial Health
Pros:
- Total ESSA debt is lower than 5 years ago, relative to shareholder equity.
- ESSA earnings of $22.44M is not sufficient to cover its interest payments.
Cons:
- ESSA's operating cash flow of $24.45M allows it to safely service it's debt of $381.58M.
- ESSA has a relatively high debt to equity ratio of 9.08.
- ESSA profit margin has gone down from 29.1% to 26.3% in the past year.
You can dig deeper into what analysts are saying on the Essa Bancorp stock forecast page.
ESSA Technicals
How are ESSA Revenues/Earnings doing?
Last year, ESSA earnings were $18.05M. During the last 5 year, ESSA's earnings have grown by 12.65% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, ESSA revenue was $68.56M. During the last 5 year, ESSA's revenue has increased by 5.5% per year. This was slower than the Banks - Regional industry average of 7.5%.
You can analyze ESSA's earnings and revenue performance here.
Latest Insiders Trades at ESSA
Over the last 12 months, insiders at ESSA have bought more shares than they have sold.
Peter A. Gray, SEVP and COO of ESSA, was the latest ESSA insider to sell. They sold $13,644.09 worth of ESSA stock on Sep 30, 2023.
Dig into more about who owns ESSA shares here.
Does ESSA provide a stable income stream?
Essa Bancorp pays a dividend of 3.69%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 of ESSA stock, you would have been paid $36.87 last year.
Essa Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Essa Bancorp dividend yield and history here.
What others are saying about ESSA
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your ESSA buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in ESSA
Now that you own some shares in ESSA, you'll want to keep up with your investment.
Put ESSA on a watchlist to track your ESSA stock.
ESSA Feed
How to Buy Stock in Essa Bancorp
To summarize, here are the 6 steps to buy stock in Essa Bancorp:
- Choose where to buy Essa Bancorp stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Essa Bancorp stock
- Make your ESSA buy order
- Get notifications regarding your investment in ESSA
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Essa Bancorp, click below.
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