For its second fiscal quarter (ending June 30), German American Bancorp Inc (NASDAQ: GABC) has reported E.P.S. of $0.69 compared to $0.75 a year ago. E.P.S. were $2.79 for the latest four quarters through June 30 versus $3.11 for the same period a year ago.
Recent Price Action
German American Bancorp Inc (NASDAQ: GABC) stock declined by -2.6% on 7/29/24. The shares closed at $40.66. However, trading volume in this decline was below average at 77% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.6% during the last week.
Current PriceTarget Research Rating
GABC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
German American Bancorp has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. German American Bancorp has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 69, with the Neutral Value Trend Rating the result.
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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