Popular Inc (NASDAQ: BPOP) has reported E.P.S. of $2.16 for its third fiscal quarter (ending September 30) versus $1.90 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $7.37 compared to $9.78 a year ago.
Recent Price Action
On 10/23/24, Popular Inc (NASDAQ: BPOP) stock suffered a major decline of -10.2%, closing at $89.73. Moreover, trading volume in this decline was exceptionally high at 510% of normal. Relative to the market the stock has been strong over the last nine months but has declined -12.0% during the last week.
Current PriceTarget Research Rating
BPOP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Popular has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Popular has a good Power Rating of 82 and a very high Appreciation Score of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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