For its first fiscal quarter (ending March 31), Peoples Bancorp of North Carolin (NASDAQ: PEBK) has reported E.P.S. of $0.74 compared to $0.58 a year ago. For the latest four quarters through March 31, E.P.S. were $3.02 versus $2.89 for the same period a year ago.
Recent Price Action
Peoples Bancorp of North Carolin (NASDAQ: PEBK) stock rose modestly by 0.9% on 4/22/24. The stock closed at $28.00. However, this advance was accompanied by below average trading volume at 78% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
PEBK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Peoples Bancorp of North Carolin has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Peoples Bancorp of North Carolin has a slightly positive Appreciation Score of 61 and a very high Power Rating of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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