Equity Bancshares (NASDAQ:EQBK) Stock Price Expected to Rise, DA Davidson Analyst Says

Equity Bancshares (NASDAQ:EQBK) had its price objective boosted by investment analysts at DA Davidson from $39.00 to $44.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the bank’s stock. DA Davidson’s price target would suggest a potential upside of 8.98% from the company’s previous close. DA Davidson also issued estimates for Equity Bancshares’ Q3 2025 earnings at $1.01 EPS and FY2025 earnings at $3.90 EPS.

Other research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods lifted their price objective on shares of Equity Bancshares from $44.00 to $45.00 and gave the company a “market perform” rating in a report on Wednesday. Janney Montgomery Scott initiated coverage on shares of Equity Bancshares in a report on Thursday, April 3rd. They set a “neutral” rating for the company. Finally, Piper Sandler lowered their price target on shares of Equity Bancshares from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Equity Bancshares has an average rating of “Moderate Buy” and an average target price of $47.80.

Equity Bancshares Trading Down 0.0%

Shares of EQBK stock opened at $40.38 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $707.17 million, a P/E ratio of 10.14 and a beta of 0.78. The company has a 50 day moving average price of $40.43 and a 200 day moving average price of $40.52. Equity Bancshares has a fifty-two week low of $32.95 and a fifty-two week high of $50.85.

Insider Buying and Selling

In related news, COO Julie A. Huber sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $39.10, for a total value of $156,400.00. Following the completion of the sale, the chief operating officer owned 57,688 shares in the company, valued at $2,255,600.80. This represents a 6.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Equity Bancshares

A number of large investors have recently made changes to their positions in EQBK. Charles Schwab Investment Management Inc. increased its holdings in shares of Equity Bancshares by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 113,013 shares of the bank’s stock valued at $4,794,000 after purchasing an additional 721 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Equity Bancshares in the 4th quarter valued at about $703,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Equity Bancshares in the 4th quarter valued at about $698,000. Swiss National Bank increased its holdings in shares of Equity Bancshares by 11.9% in the 4th quarter. Swiss National Bank now owns 30,081 shares of the bank’s stock valued at $1,276,000 after purchasing an additional 3,200 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of Equity Bancshares in the 4th quarter valued at about $259,000. Hedge funds and other institutional investors own 71.80% of the company’s stock.

Equity Bancshares Company Profile

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.