Citizens & Northern Corp (NASDAQ: CZNC) has reported E.P.S. of $0.28 for its fourth fiscal quarter (ending December 31) versus $0.50 for the same period a year ago — a decline of -44%. This performance was $-0.11 short of the consensus estimate of $0.39. For the latest four quarters through December 31, E.P.S. were $1.57 compared to $1.71 a year ago — a decline of -8%.
Recent Price Action
Citizens & Northern Corp (NASDAQ: CZNC) stock closed at $19.89 on 1/18/24 after being unchanged was unchanged. However, this flat performance was accompanied by exceptionally low trading volume at 38% of normal. The stock has declined -5.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CZNC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Citizens & Northern has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Citizens & Northern has a neutral Appreciation Score of 53 but a good Power Rating of 77, with the High Neutral Value Trend Rating the result.
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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