Choiceone Financial Services Inc (NASDAQ: COFS) has reported E.P.S. of $0.75 for its first fiscal quarter (ending March 31) versus $0.75 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.82 compared to $3.16 a year ago.
Recent Price Action
Choiceone Financial Services Inc (NASDAQ: COFS) stock declined by -4.4% on 4/24/24. The shares closed at $24.06. However, below average trading volume at 74% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
COFS’ 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.
Choiceone Financial Services has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Choiceone Financial Services has a good Appreciation Score of 77 and a good Power Rating of 80, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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