Alerus Financial Corp (NASDAQ: ALRS) has reported E.P.S. of $0.32 for its first fiscal quarter (ending March 31) versus $0.41 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.49 versus $1.96 for the same period a year ago.
Recent Price Action
On 4/24/24, Alerus Financial Corp (NASDAQ: ALRS) stock rose slightly by 0.10%, closing at $21.00. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 5.3% during the last week.
Current PriceTarget Research Rating
ALRS’ 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.
Alerus Financial has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Alerus Financial has a neutral Appreciation Score of 47 but a very high Power Rating of 88, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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