Eagle Bancorp Inc (NASDAQ: EGBN) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Slight negative changes in fundamentals have recently occurred for Eagle Bancorp Inc (NASDAQ: EGBN): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Eagle Bancorp has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Bancorp has a very high Appreciation Score of 87 but a poor Power Rating of 28, producing the Neutral Value Trend Rating.
Recent Price Action
On 10/1/24, Eagle Bancorp Inc (NASDAQ: EGBN) stock declined slightly by -0.8%, closing at $22.41. Moreover, this decline was accompanied by exceptionally high trading volume at 297% of normal. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.
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