For its third fiscal quarter (ending September 30), Burke Herbert Financial Services (NASDAQ: BHRB) has reported a 233% increase in E.P.S. from $0.55 a year ago to $1.83 in the current quarter. E.P.S. were $2.02 for the latest four quarters through September 30 versus $4.18 for the same period a year ago — a decline of -52%.
Recent Price Action
Burke Herbert Financial Services (NASDAQ: BHRB) stock declined by -3.5% on 10/25/24. The shares closed at $62.16. However, this decline was accompanied by below average trading volume at 67% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.8% during the last week.
Current PriceTarget Research Rating
BHRB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Burke Herbert Financial Services has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Burke Herbert Financial Services has a neutral Appreciation Score of 44 but a good Power Rating of 77, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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