Investar Holding Corp (NASDAQ: ISTR) has reported earnings for its third fiscal quarter (ending September 30) of $0.55 versus $0.28 for the same period a year ago. E.P.S. were $1.80 for the latest four quarters through September 30 versus $2.23 for the same period a year ago.
Recent Price Action
Investar Holding Corp (NASDAQ: ISTR) stock declined by -2.6% on 10/21/24. The shares closed at $19.89. Moreover, above average trading volume at 120% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 0.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, ISTR is expected to continue to be a modest Value Builder.
Investar Holding 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. Investar Holding has a good Appreciation Score of 74 and a good Power Rating of 82, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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