Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for BCB Bancorp Inc (NASDAQ: BCBP) weakened during the last several trading days. BCBP’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/1/24, BCB Bancorp Inc (NASDAQ: BCBP) stock enjoyed a large increase of 3.3%, closing at $9.73. Moreover, this advance was accompanied by above average trading volume at 127% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.2% during the last week.
Current PriceTarget Research Rating
BCBP’s 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.
BCB Bancorp has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. BCB Bancorp has a very high Appreciation Score of 90 but a slightly negative Power Rating of 30, leading to the High Neutral Value Trend Rating.
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