Plumas Bancorp (NASDAQ: PLBC) has reported E.P.S. of $1.28 for its fourth fiscal quarter (ending December 31) versus $1.34 for the same period a year ago — a decline of -4%. However, this performance was $0.05 better than the consensus estimate of $1.23. For the latest four quarters through December 31, E.P.S. were $5.08 versus $4.53 for the same period a year ago — an increase of 12%.
Recent Price Action
On 1/17/24, Plumas Bancorp (NASDAQ: PLBC) stock declined slightly by -0.4%, closing at $37.44. Moreover, trading volume in this decline was above average at 135% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
PLBC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Plumas Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Plumas Bancorp has a neutral Appreciation Score of 54 but a good Power Rating of 74, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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