NBT Bancorp Inc (NASDAQ: NBTB) has reported earnings for its first fiscal quarter (ending March 31) of $0.72 versus $0.78 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.61 compared to $3.41 a year ago.
Recent Price Action
NBT Bancorp Inc (NASDAQ: NBTB) stock closed at $34.79 on 4/22/24 after a modest gain of 0.5%. However, trading volume in this advance was unusually low at 63% of normal. The stock has risen 2.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
NBTB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
NBT Bancorp has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. NBT Bancorp has a neutral Power Rating of 52 but a good Appreciation Score of 71, triggering the High 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.
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