Stock Rating Downgrade
In recent days the Value Trend Rating for Pacific Premier Bancorp Inc (NASDAQ: PPBI) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock rose modestly by 0.8% on 5/3/24. The stock closed at $22.95. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 3.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PPBI is expected to continue to be a modest Value Builder.
Pacific Premier Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pacific Premier Bancorp has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 43, leading to the Neutral Value Trend Rating.
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