Peapack-Gladstone Financial Corp (NASDAQ: PGC) has reported E.P.S. of $0.43 for its third fiscal quarter (ending September 30) versus $0.49 for the same period a year ago. E.P.S. were $1.82 for the latest four quarters through September 30 versus $3.40 for the same period a year ago.
Recent Price Action
Peapack-Gladstone Financial Corp (NASDAQ: PGC) stock closed at $28.97 on 10/22/24 after an increase of 1.8%. However, normal trading volume at 83% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -1.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PGC is expected to continue to be a modest Value Builder.
Peapack-Gladstone Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Peapack-Gladstone Financial has a good Appreciation Score of 74 and a good Power Rating of 75, resulting in 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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