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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 $19.99, up 2.51% from the previous day, and has increased 33.27% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.06 percentage points. Essa Bancorp stock is currently +39.79% from its 52-week low of $14.30, and -4.22% from its 52-week high of $20.87.

As of Jul 17, 2024, there are 10.13M shares of ESSA outstanding. The market capitalization of ESSA is $202.53M. In the last 24 hours, 23,632 ESSA shares were traded.

How to Buy Essa Bancorp Stock

Not sure how to invest in Essa Bancorp stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Provide your personal details to create a new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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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.

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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 Price
$19.99
1w %
17.31%
1y %
33.27%
5y %
32.38%
P/E
10.81x
P/B
0.91x
P/S
2.94x
PEG
N/A
Revenue
$68.88M
Earnings
$17.92M
Fore. Rev. Growth
-1.22%
Fore. Earn. Growth
-2.7%
Market Cap
$202.53M
Next Earnings
Jul 24, 2024
Next Dividend
N/A

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 10.81x, relative to Banks - Regional industry P/E ratio of 13.89x
  • ESSA could be undervalued based on its P/B ratio of 0.91x, relative to Banks - Regional industry P/B ratio of 1.13x

You can access more valuation research on ESSA's stock here.

ESSA Financial Summary

Pros:

  • Total ESSA debt is lower than 5 years ago, relative to shareholder equity.
  • ESSA earnings of $22.35M is not sufficient to cover its interest payments.

Cons:

  • ESSA has a relatively high debt to equity ratio of 8.8.
  • ESSA's operating cash flow of $18.85M allows it to safely service it's debt of $490.70M.
  • ESSA profit margin has gone down from 28.9% to 26% in the past year.

You can dive deeper into what analysts are projecting on the Essa Bancorp stock forecast page.

ESSA Trading Indicators

SMA10
18.02
SMA20
17.47
SMA50
17.26
SMA100
17.24
SMA200
17.38
MACD
0.54
MACD Signal
0.25
MACD Histogram
0.3
RSI
75.33
Stochastic %K
96.77
Stochastic %D
95.96
StochRSI %K
100
StochRSI %D
99.87

Is ESSA Making Money?

Last year, ESSA earnings were $17.92M. In the last five year, ESSA's earnings have grown by 11.57% per year. This was slower than the Banks - Regional industry average of 15.13%.

Last year, ESSA revenue was $68.88M. In the last five year, ESSA's revenue has grown by 5.44% per year. This was slower than the Banks - Regional industry average of 11.72%.

You can research ESSA's earnings and revenue performance here.

Are ESSA executives and large shareholders buying or selling the stock?

Over the last year, 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.

Get more info about who owns ESSA stock here.

Can I rely on ESSA as an income stream?

Essa Bancorp pays a dividend of 3%, compared to the Banks - Regional industry's average dividend yield of 3.24%. If you owned $1,000 worth of ESSA stock, you would have received $30.02 in the past year.

Essa Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Essa Bancorp dividend yield and history here.

What others are saying about ESSA

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your ESSA buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.

Press the Open Trade button and eToro will execute your order.

If you need more assistance buying stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your investment in ESSA

Now that you own some ESSA shares, you'll want to stay up-to-date on your shares.

Start a watchlist to get notified of important updates regarding your ESSA stock.

ESSA Feed

How to Buy Stock in Essa Bancorp

To reiterate, here are the 6 steps to buy stock in Essa Bancorp:

  1. Choose where to buy Essa Bancorp stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Research Essa Bancorp stock
  5. Make your ESSA buy order
  6. Get notifications regarding your investment in ESSA

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Essa Bancorp, create your watchlist below.

NASDAQ: ESSA
$19.99+0.49 (+2.51%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: ESSA
$19.99+0.49 (+2.51%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Essa Bancorp share?

As of Jul 17, 2024, it costs $19.99 to buy one share of Essa Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.45 shares of ESSA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Essa Bancorp stock?

One way to place an order for Essa Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.