For its second fiscal quarter (ending June 30), Central Pacific Financial Corp. (NYSE: CPF) has reported E.P.S. of $0.58 compared to $0.54 a year ago. For the latest four quarters through June 30, E.P.S. were $2.10 compared to $2.49 a year ago.
Recent Price Action
Central Pacific Financial Corp. (NYSE: CPF) stock closed at $26.09 on 7/31/24 after a modest gain of 0.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 253% of normal. The stock has risen 2.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CPF is expected to continue to be a Value Builder.
Central Pacific Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Central Pacific Financial has a slightly positive Appreciation Score of 62 and a good Power Rating of 80, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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