Codorus Valley Bancorp Inc (NASDAQ: CVLY) has reported earnings for its first fiscal quarter (ending March 31) of $0.44 versus $0.73 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.32 versus $2.51 for the same period a year ago.
Recent Price Action
Codorus Valley Bancorp Inc (NASDAQ: CVLY) stock declined slightly by -0.6% on 4/25/24. The stock closed at $22.41. Moreover, trading volume in this decline was exceptionally high at 234% of normal. The stock has been strong relative to the market over the last nine months and has risen 4.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CVLY is expected to continue to be a modest Value Builder.
Codorus Valley Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Codorus Valley Bancorp has a slightly positive Appreciation Score of 67 and a good Power Rating of 75, triggering 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.
Be the first to comment