Central Valley Community Bancorp (NASDAQ: CVCY). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Minor negative changes in Central Valley Community Bancorp (NASDAQ: CVCY) fundamentals have recently occurred. Negative developments: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CVCY is expected to continue to be a Value Builder.
Central Valley Community Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Central Valley Community Bancorp has a good Appreciation Score of 81 and a good Power Rating of 82, leading to the Highest Value Trend Rating.
Recent Price Action
On 4/29/24, Central Valley Community Bancorp (NASDAQ: CVCY) stock declined modestly by -1.7%, closing at $17.52. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.2% during the last week.
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