United Community Banks Inc (NASDAQ: UCBI) has reported earnings for its first fiscal quarter (ending March 31) of $0.51 versus $0.52 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.54 compared to $2.61 a year ago.
Recent Price Action
United Community Banks Inc (NASDAQ: UCBI) stock closed at $26.33 on 4/24/24 after a modest gain of 0.6%. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UCBI is expected to continue to be a modest Value Builder.
United Community Banks has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. United Community Banks has a neutral Power Rating of 58 but a good Appreciation Score of 81, resulting in the Positive Value Trend Rating.
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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