United Community Banks Inc (NYSE: UCB) has reported earnings for its third fiscal quarter (ending September 30) of $0.38 versus $0.39 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.54 versus $2.18 for the same period a year ago.
Recent Price Action
United Community Banks Inc (NYSE: UCB) stock declined modestly by -1.6% on 10/23/24. The stock closed at $28.20. Moreover, above average trading volume at 145% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, UCBI is expected to continue to be a modest Value Builder.
United Community Banks 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 highly consistent signals. United Community Banks has a good Power Rating of 72 and a good Appreciation Score of 80, 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.
Be the first to comment