Recent extremely meaningful positive changes in investment behavior have benefitted S&T Bancorp Inc (NASDAQ: STBA): positive upside/downside volume developed, and its longer term price trend turned up.
S&T Bancorp Inc (NASDAQ: STBA) has recently enjoyed important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, STBA is expected to continue to be a Value Builder.
S&T Bancorp has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. S&T Bancorp has a slightly positive Power Rating of 64 and a slightly positive Appreciation Score of 66, resulting in the Positive Value Trend Rating.
Recent Price Action
S&T Bancorp Inc (NASDAQ: STBA) stock closed at $34.00 on 12/28/23 after a slight decline of -0.3%. This decline was accompanied by normal trading volume. The stock has risen 3.9% during the last week and has been strong relative to the market over the last nine months.
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