For its second fiscal quarter (ending June 30), Premier Financial Corp (NASDAQ: PFC) has reported E.P.S. of $0.45 compared to $1.35 a year ago. For the latest four quarters through June 30, E.P.S. were $2.20 compared to $3.36 a year ago.
Recent Price Action
Premier Financial Corp (NASDAQ: PFC) stock closed at $26.19 on 7/26/24 after a large increase of 2.8%. Moreover, trading volume in this advance was exceptionally high at 379% of normal. The stock has risen 7.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PFC is expected to continue to be a modest Value Builder.
Premier Financial has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Premier Financial has a slightly positive Appreciation Score of 63 but a slightly negative Power Rating of 37, producing 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.
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