Enterprise Bancorp Inc/MA (NASDAQ: EBTC) has reported E.P.S. of $0.80 for its third fiscal quarter (ending September 30) versus $0.79 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $2.90 versus $3.48 for the same period a year ago.
Recent Price Action
On 10/22/24, Enterprise Bancorp Inc/MA (NASDAQ: EBTC) stock increased 1.2%, closing at $32.18. However, this advance was accompanied by exceptionally low trading volume at 48% of normal. The stock has declined -0.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
EBTC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Enterprise Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Enterprise Bancorp has a slightly positive Appreciation Score of 68 and a good Power Rating of 78, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment