Capital City Bank Group (NASDAQ: CCBG) has reported earnings for its first fiscal quarter (ending March 31) of $0.74 versus $0.81 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.01 compared to $2.37 a year ago.
Recent Price Action
Capital City Bank Group (NASDAQ: CCBG) stock closed at $27.11 on 4/22/24 after a slight gain of 0.07%. NORMAL trading volume accompanied the advance. The stock has risen 4.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CCBG is expected to continue to be a modest Value Builder.
Capital City Bank Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Capital City Bank Group has a slightly positive Appreciation Score of 69 but a slightly negative Power Rating of 38, resulting in the Neutral Value Trend Rating.
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.
Be the first to comment