Essa Bancorp Stock Price Prediction

ESSA Stock  USD 17.86  0.78  4.57%   
At this time, the relative strength indicator of ESSA Bancorp's share price is approaching 47 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ESSA Bancorp, making its price go up or down.

Oversold Vs Overbought

47

 
Oversold
 
Overbought
ESSA Bancorp stock price prediction is an act of determining the future value of ESSA Bancorp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of ESSA Bancorp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ESSA Bancorp and does not consider all of the tangible or intangible factors available from ESSA Bancorp's fundamental data. We analyze noise-free headlines and recent hype associated with ESSA Bancorp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting ESSA Bancorp's stock price prediction:
Quarterly Earnings Growth
(0.10)
EPS Estimate Next Quarter
0.4
EPS Estimate Current Year
1.68
EPS Estimate Next Year
2.04
Wall Street Target Price
20
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of ESSA Bancorp based on different types of headlines from major news networks to social media. The ESSA stock price prediction module provides an analysis of price elasticity to changes in media outlook on ESSA Bancorp over a specific investment horizon. Using ESSA Bancorp hype-based prediction, you can estimate the value of ESSA Bancorp from the perspective of ESSA Bancorp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ESSA Bancorp using ESSA Bancorp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ESSA using crowd psychology based on the activity and movement of ESSA Bancorp's stock price.

ESSA Bancorp Implied Volatility

    
  43.63  
ESSA Bancorp's implied volatility exposes the market's sentiment of ESSA Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ESSA Bancorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ESSA Bancorp stock will not fluctuate a lot when ESSA Bancorp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in ESSA Bancorp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in ESSA Bancorp to buy its stock at a price that has no basis in reality. In that case, they are not buying ESSA because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ESSA Bancorp after-hype prediction price

    
  USD 17.89  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current ESSA contract

Based on the Rule 16, the options market is currently suggesting that ESSA Bancorp will have an average daily up or down price movement of about 2.73% per day over the life of the 2024-04-19 option contract. With ESSA Bancorp trading at USD 17.86, that is roughly USD 0.49 . If you think that the market is fully incorporating ESSA Bancorp's daily price movement you should consider acquiring ESSA Bancorp options at the current volatility level of 43.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out ESSA Bancorp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ESSA Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
14.1416.6819.22
Details
Naive
Forecast
LowNextHigh
14.5417.0819.63
Details
1 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.350.350.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ESSA Bancorp. Your research has to be compared to or analyzed against ESSA Bancorp's peers to derive any actionable benefits. When done correctly, ESSA Bancorp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ESSA Bancorp.

ESSA Bancorp After-Hype Price Prediction Density Analysis

As far as predicting the price of ESSA Bancorp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ESSA Bancorp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ESSA Bancorp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ESSA Bancorp Estimiated After-Hype Price Volatility

In the context of predicting ESSA Bancorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ESSA Bancorp's historical news coverage. ESSA Bancorp's after-hype downside and upside margins for the prediction period are 15.35 and 20.43, respectively. We have considered ESSA Bancorp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
17.86
17.89
After-hype Price
20.43
Upside
ESSA Bancorp is not too volatile at this time. Analysis and calculation of next after-hype price of ESSA Bancorp is based on 3 months time horizon.

ESSA Bancorp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ESSA Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESSA Bancorp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ESSA Bancorp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
2.54
  0.03 
  0.04 
10 Events / Month
4 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.86
17.89
0.17 
1,058  
Notes

ESSA Bancorp Hype Timeline

ESSA Bancorp is currently traded for 17.86. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of -0.04. ESSA is projected to increase in value after the next headline, with the price projected to jump to 17.89 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.17%, whereas the daily expected return is currently at -0.14%. The volatility of related hype on ESSA Bancorp is about 921.77%, with the expected price after the next announcement by competition of 17.82. The company reported the previous year's revenue of 69.3 M. Net Income was 18.58 M with profit before overhead, payroll, taxes, and interest of 68.28 M. Given the investment horizon of 90 days the next projected press release will be in about 10 days.
Check out ESSA Bancorp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.

ESSA Bancorp Related Hype Analysis

Having access to credible news sources related to ESSA Bancorp's direct competition is more important than ever and may enhance your ability to predict ESSA Bancorp's future price movements. Getting to know how ESSA Bancorp rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ESSA Bancorp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MBCNMiddlefield Banc(2.92)7 per month 0.00 (0.22) 3.39 (5.08) 13.83 
MBINMerchants Bancorp 0.54 8 per month 2.00 (0.04) 4.04 (3.79) 12.36 
MBWMMercantile Bank 0.13 10 per month 0.00 (0.08) 4.16 (3.10) 12.23 
MCBSMetroCity Bankshares 0.39 7 per month 2.43 (0.04) 3.87 (4.01) 9.79 
MCBCMacatawa Bank(0.57)6 per month 0.00 (0.20) 2.95 (2.71) 8.03 
BYByline Bancorp(0.05)9 per month 0.00 (0.17) 2.50 (2.22) 6.36 
RF-PCRegions Financial 0.00 0 per month 0.55  0.04  1.97 (0.91) 4.31 
RF-PERegions Financial 0.00 0 per month 0.95  0.04  1.85 (1.74) 4.69 
RF-PBRegions Financial 0.00 0 per month 0.29  0.02  1.19 (0.84) 2.72 

ESSA Bancorp Additional Predictive Modules

Most predictive techniques to examine ESSA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ESSA using various technical indicators. When you analyze ESSA charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ESSA Bancorp Predictive Indicators

The successful prediction of ESSA Bancorp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ESSA Bancorp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ESSA Bancorp based on analysis of ESSA Bancorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ESSA Bancorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ESSA Bancorp's related companies.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio9.437.8642.3150.19
Short Term Coverage Ratios0.09840.05570.05010.0476

Story Coverage note for ESSA Bancorp

The number of cover stories for ESSA Bancorp depends on current market conditions and ESSA Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ESSA Bancorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ESSA Bancorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ESSA Bancorp Short Properties

ESSA Bancorp's future price predictability will typically decrease when ESSA Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ESSA Bancorp often depends not only on the future outlook of the potential ESSA Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ESSA Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding9.8 M
Cash And Short Term Investments419.5 M
When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:
Check out ESSA Bancorp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for ESSA Stock analysis

When running ESSA Bancorp's price analysis, check to measure ESSA Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESSA Bancorp is operating at the current time. Most of ESSA Bancorp's value examination focuses on studying past and present price action to predict the probability of ESSA Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Bancorp's price. Additionally, you may evaluate how the addition of ESSA Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ESSA Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESSA Bancorp. If investors know ESSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESSA Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
0.6
Earnings Share
1.86
Revenue Per Share
7.061
Quarterly Revenue Growth
(0.01)
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.