First Community Bancshares Inc (NASDAQ: FCBC) has reported E.P.S. of $0.71 for its third fiscal quarter (ending September 30) versus $0.78 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $2.74 versus $2.81 for the same period a year ago.
Recent Price Action
First Community Bancshares Inc (NASDAQ: FCBC) stock closed at $43.37 on 10/22/24 after an increase of 1.5%. However, unusually low trading volume at 55% of normal accompanied the advance. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FCBC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
First Community Bancshares 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 inconsistent signals. First Community Bancshares has a neutral Appreciation Score of 52 but a good Power Rating of 82, with the Positive Value Trend Rating the result.
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.
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