Extremely significant negative changes in PacWest Bancorp (NYSE: PACW) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PACW is expected to continue to be an important Value Builder.
PacWest Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PacWest Bancorp has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 69, and the Positive Value Trend Rating results.
Recent Price Action
PacWest Bancorp (NYSE: PACW) stock closed at $14.68 on 7/22/24 after a large increase of 2.0%. This advance was accompanied by normal trading volume. The stock has risen 7.9% during the last week and has been strong relative to the market over the last nine months.
Be the first to comment