Brookline Bancorp Inc (NASDAQ: BRKL) has reported earnings for its third fiscal quarter (ending September 30) of $0.23 versus $0.26 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $0.84 versus $0.98 for the same period a year ago.
Recent Price Action
Brookline Bancorp Inc (NASDAQ: BRKL) stock closed at $10.49 on 10/23/24 after a modest gain of 0.4%. However, trading volume in this advance was unusually low at 57% of normal. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BRKL is expected to continue to be a modest Value Builder.
Brookline Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Brookline Bancorp has a slightly positive Power Rating of 67 and a good Appreciation Score of 84, 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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