EPS for Orrstown Financial Services (ORRF) Expected At $0.32

October 13, 2017 - By Dolores Ford

 EPS for Orrstown Financial Services (ORRF) Expected At $0.32
Investors sentiment increased to 1.57 in Q2 2017. Its up 0.57, from 1 in 2017Q1. It increased, as 3 investors sold Orrstown Financial Services shares while 11 reduced holdings. 6 funds opened positions while 16 raised stakes. 3.16 million shares or 1.47% more from 3.12 million shares in 2017Q1 were reported.
Renaissance Ltd Llc reported 0% stake. Morgan Stanley holds 0% or 11,732 shares in its portfolio. Kennedy Capital Management Inc has 19,351 shares for 0.01% of their portfolio. Meeder Asset Mngmt Inc holds 296 shares. Federated Pa, Pennsylvania-based fund reported 253 shares. Basswood Ltd Llc reported 816,659 shares. 800 were reported by Elizabeth Park Cap Ltd. Northern Tru Corporation accumulated 0% or 77,865 shares. Deprince Race Zollo Incorporated reported 314,936 shares. Blackrock Inc reported 515,395 shares. Comml Bank Of America Corporation De has 0% invested in Orrstown Financial Services (NASDAQ:ORRF). Barclays Public Ltd holds 6 shares. Citigroup reported 0% in Orrstown Financial Services (NASDAQ:ORRF). 89,892 were reported by Wells Fargo And Mn. Bnp Paribas Arbitrage holds 696 shares.

Since May 2, 2017, it had 2 insider buys, and 3 insider sales for $18,840 activity. CEDDIA ANTHONY F sold $25,388 worth of Orrstown Financial Services (NASDAQ:ORRF) on Wednesday, May 10. 1,000 shares valued at $21,000 were bought by Hornberger David Todd on Thursday, June 8. On Tuesday, May 2 the insider Longenecker Thomas D bought $13,008.

Investors wait Orrstown Financial Services (NASDAQ:ORRF) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.32 earnings per share, up $0.14 or 77.78 % from last year’s $0.18 same quarter earnings. This translates into $2.67 million profit for ORRF giving the stock a 19.65 P/E. This is assuming the current $0.32 EPS is accurate. Orrstown Financial Services’s Wall Street analysts see -20.00 % negative EPS growth, taking into account the $0.40 EPS reproted in the previous quarter, The stock decreased 0.20% or $0.05 during the last trading session, reaching $25.15. About 6,851 shares traded. Orrstown Financial Services (NASDAQ:ORRF) has risen 11.60% since October 13, 2016 and is uptrending. It has underperformed by 5.10% the S&P500.

Orrstown Financial Services (NASDAQ:ORRF) Ratings Coverage

Among 3 analysts covering Orrstown Financial Services (NASDAQ:ORRF), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Orrstown Financial Services had 5 analyst reports since September 12, 2016 according to SRatingsIntel. The stock of Orrstown Financial Services (NASDAQ:ORRF) earned “Outperform” rating by Wood on Thursday, July 27. The stock has “Hold” rating by Boenning & Scattergood on Thursday, July 27. On Thursday, July 27 the stock rating was upgraded by Keefe Bruyette & Woods to “Buy”. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm has “Mkt Perform” rating given on Monday, September 12 by Keefe Bruyette & Woods.

Orrstown Financial Services, Inc. is the bank holding firm for Orrstown Bank . The company has market cap of $209.83 million. The Bank is engaged in commercial banking and trust business. It has a 23.71 P/E ratio. The Firm operates through Community Banking segment.

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