For its third fiscal quarter (ending September 30), Veritex Holdings Inc (NASDAQ: VBTX) has reported E.P.S. of $0.57 compared to $0.60 a year ago. E.P.S. were $1.57 for the latest four quarters through September 30 versus $2.67 for the same period a year ago.
Recent Price Action
On 10/22/24, Veritex Holdings Inc (NASDAQ: VBTX) stock increased 1.3%, closing at $27.34. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.6% during the last week.
Current PriceTarget Research Rating
VBTX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Veritex Holdings 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. Veritex Holdings has a good Appreciation Score of 77 and a good Power Rating of 85, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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