ESSA Stock Summary and Trading Ideas (Essa Bancorp | NASDAQ:ESSA)

ESSA Bancorp Inc is a holding company, engaged in accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential first mortgage loans (including construction mortgage loans), commercial real estate loans, home equity loans and lines of credit and commercial and industrial loans. The company offers a variety of deposit accounts, including checking, savings and certificates of deposit. The company also offers asset management and trust services and investment services. The company also offers insurance benefit consulting services through its wholly-owned subsidiary, ESSA Advisory Services, LLC.

Essa Bancorp trades on the NASDAQ stock market under the symbol ESSA.

As of January 17, 2025, ESSA stock price climbed to $20.05 with 50,260 million shares trading.

ESSA has a market cap of $203.60 million. This is considered a Small Cap stock.

Last quarter Essa Bancorp reported $17 million in Revenue and $.44 earnings per share. This fell short of revenue expectation by $-554,000 and missed earnings estimates by -$.01.

In the last 3 years, ESSA traded as high as $21.80 and as low as $12.79.

The top ETF exchange traded funds that ESSA belongs to (by Net Assets): VTI, IWM, VXF, IWN, BSVO.

ESSA has underperformed the market in the last year with a return of +11.0%, while the SPY ETF gained +28.0%. In the last 3 month period, ESSA fell short of the market, returning 0.0%, while SPY returned +3.0%. However, in the most recent 2 weeks ESSA has outperformed the stock market by returning +2.3%, while SPY returned +1.0%.

ESSA support price is $18.79 and resistance is $20.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESSA shares will trade within this expected range on the day.