CF Bankshares Inc (NASDAQ: CFBK) has reported E.P.S. of $0.26 for its second fiscal quarter (ending June 30) versus $0.66 for the same period a year ago — a decline of -61%. For the latest four quarters through June 30, E.P.S. were $2.03 versus $2.74 for the same period a year ago — a decline of -26%.
Recent Price Action
CF Bankshares Inc (NASDAQ: CFBK) stock enjoyed a large increase of 4.4% on 8/6/24. The stock closed at $21.98. However, trading volume in this advance was below average at 73% of normal. The stock has performed in line with the market over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
CFBK is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
CF Bankshares has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. CF Bankshares has a neutral Power Rating of 57 but a good Appreciation Score of 77, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment