Recent notable negative changes in fundamentals have impacted Eagle Bancorp Inc (NASDAQ: EGBN): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Eagle Bancorp Inc (NASDAQ: EGBN) suffers from notable negative changes in investment behavior: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Eagle Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Eagle Bancorp has a very high Appreciation Score of 93 but a poor Power Rating of 16, with the Neutral Value Trend Rating the result.
Recent Price Action
Eagle Bancorp Inc (NASDAQ: EGBN) stock closed at $16.88 on 6/21/24 after a modest decline of -1.2%. Moreover, exceptionally high trading volume at 327% of normal accompanied the decline. The stock has declined -1.0% during the last week and has been weak relative to the market over the last nine months.
Be the first to comment