Alert: Positive Investment/Fundamental Signals (6/5/24)-Central Pacific Financial Corp. (NYSE: CPF)

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Recent exceptional positive changes in investment behavior have benefitted Central Pacific Financial Corp. (NYSE: CPF): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Central Pacific Financial Corp. (NYSE: CPF) has benefited from important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CPF is expected to continue to be a Value Builder.

Central Pacific Financial 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 Pacific Financial has a good Appreciation Score of 72 and a good Power Rating of 80, triggering the Highest Value Trend Rating.

Recent Price Action

On 6/5/24, Central Pacific Financial Corp. (NYSE: CPF) stock enjoyed a large increase of 3.4%, closing at $20.25. Moreover, trading volume in this advance was exceptionally high at 210% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.2% during the last week.

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