For its third fiscal quarter (ending September 30), German American Bancorp Inc (NASDAQ: GABC) has reported a -3% decline in E.P.S. from $0.73 a year ago to $0.71 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.77 versus $3.01 for the same period a year ago — a decline of -8%.
Recent Price Action
German American Bancorp Inc (NASDAQ: GABC) stock enjoyed a large increase of 4.0% on 10/28/24. The stock closed at $40.69. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
GABC’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.
German American Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. German American Bancorp has a neutral Appreciation Score of 49 but a good Power Rating of 81, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment