LCNB Corp (NASDAQ: LCNB) has reported E.P.S. of $0.07 for its second fiscal quarter (ending June 30) versus $0.42 for the same period a year ago — a decline of -83%. Relative to the consensus estimate of $0.18, this was a shortfall of $-0.11. For the latest four quarters through June 30, E.P.S. were $0.56 compared to $1.85 a year ago — a decline of -70%.
Recent Price Action
LCNB Corp (NASDAQ: LCNB) stock enjoyed a large increase of 3.7% on 7/23/24. The stock closed at $15.50. This advance was accompanied by normal trading volume. The stock has risen 9.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LCNB is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
LCNB has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LCNB has a slightly positive Appreciation Score of 64 but a poor Power Rating of 28, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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