MainStreet Bancshares Inc (NASDAQ: MNSB) has reported earnings for its second fiscal quarter (ending June 30) of $0.27 versus $0.85 for the same period a year ago. E.P.S. were $2.02 for the latest four quarters through June 30 versus $3.78 for the same period a year ago.
Recent Price Action
MainStreet Bancshares Inc (NASDAQ: MNSB) stock declined by -2.5% on 7/29/24. The shares closed at $17.72. However, trading volume in this decline was exceptionally low at 42% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MNSB is expected to be Value Creation neutral.
MainStreet Bancshares has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MainStreet Bancshares has a neutral Appreciation Score of 51 but a poor Power Rating of 21, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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