Sierra Bancorp (NASDAQ: BSRR) has reported earnings for its third fiscal quarter (ending September 30) of $0.75 versus $0.68 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $2.54 compared to $2.40 a year ago.
Recent Price Action
Sierra Bancorp (NASDAQ: BSRR) stock suffered a large decline of -6.8% on 10/21/24. The stock closed at $27.72. Moreover, unusually high trading volume at 156% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.6% during the last week.
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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Sierra Bancorp has a slightly positive Appreciation Score of 70 and a very high Power Rating of 89, 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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