Alert: New Earnings Report (7/18/24)-SB Financial Group Inc (NASDAQ: SBFG).

out_logo_500#26285.jpg

SB Financial Group Inc (NASDAQ: SBFG) has reported E.P.S. of $0.47 for its second fiscal quarter (ending June 30) versus $0.45 for the same period a year ago — an increase of 4%. Relative to the consensus estimate of $0.35, this was a premium of $0.12. E.P.S. were $1.80 for the latest four quarters through June 30 versus $1.79 for the same period a year ago — an increase of 1%.

Recent Price Action

out_mm#26285.jpg
SB Financial Group Inc (NASDAQ: SBFG) stock closed at $15.45 on 7/18/24 after a decline of -2.5%. Moreover, trading volume in this decline was exceptionally high at 371% of normal. Relative to the market the stock has been weak over the last nine months but has risen 14.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, SBFG is expected to continue to be Value Creation neutral.

SB Financial Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SB Financial Group has a good Appreciation Score of 71 but a neutral Power Rating of 41, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*