For its first fiscal quarter (ending March 31), Sierra Bancorp (NASDAQ: BSRR) has reported E.P.S. of $0.64 compared to $0.58 a year ago. E.P.S. were $2.42 for the latest four quarters through March 31 versus $2.33 for the same period a year ago.
Recent Price Action
On 4/22/24, Sierra Bancorp (NASDAQ: BSRR) stock rose modestly by 1.0%, closing at $18.93. NORMAL trading volume accompanied the advance. The stock has risen 5.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
BSRR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sierra Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Sierra Bancorp has a good Appreciation Score of 83 but a neutral Power Rating of 42, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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