Alert: New Earnings Report (7/23/24)-FS Bancorp Inc (NASDAQ: FSBW).

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FS Bancorp Inc (NASDAQ: FSBW) has reported E.P.S. of $1.15 for its second fiscal quarter (ending June 30) versus $1.17 for the same period a year ago — a decline of -2%. Relative to the consensus estimate of $1.03, this was a premium of $0.12. For the latest four quarters through June 30, E.P.S. were $4.63 compared to $4.30 a year ago — an increase of 8%.

Recent Price Action

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On 7/23/24, FS Bancorp Inc (NASDAQ: FSBW) stock enjoyed a large increase of 3.1%, closing at $41.81. Moreover, this advance was accompanied by unusually high trading volume at 186% of normal. The stock has performed in line with the market over the last nine months and has risen 8.3% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, FSBW is expected to continue to be a modest Value Builder.

FS Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. FS Bancorp has a good Appreciation Score of 76 but a neutral Power Rating of 49, leading to the Positive Value Trend Rating.

Rating Review

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

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