Alert: Positive Investment/Fundamental Signals (8/6/24)-Sierra Bancorp (NASDAQ: BSRR)

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Meaningful positive changes in Sierra Bancorp (NASDAQ: BSRR) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.

Sierra Bancorp (NASDAQ: BSRR). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BSRR is expected to continue to be a modest Value Builder.

Sierra Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sierra Bancorp has a good Appreciation Score of 72 and a good Power Rating of 81, producing the Highest Value Trend Rating.

Recent Price Action

Sierra Bancorp (NASDAQ: BSRR) stock increased 1.7% on 8/6/24. The shares closed at $26.63. Moreover, exceptionally high trading volume at 239% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -7.0% during the last week.

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