Recent extremely meaningful negative changes in investment behavior have impacted Pacific Premier Bancorp Inc (NASDAQ: PPBI): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Pacific Premier Bancorp Inc (NASDAQ: PPBI) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, and 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
PPBI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Pacific Premier Bancorp has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Pacific Premier Bancorp has a slightly positive Appreciation Score of 66 but a slightly negative Power Rating of 39, and the Neutral Value Trend Rating results.
Recent Price Action
On 10/1/24, Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock declined by -4.8%, closing at $23.96. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -5.6% during the last week.
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