For its third fiscal quarter (ending September 30), Northeast Community Bancorp Inc (NASDAQ: NECB) has reported a 21% increase in E.P.S. from $0.80 a year ago to $0.97 in the current quarter. For the latest four quarters through September 30, E.P.S. were $3.63 compared to $2.96 a year ago — an increase of 23%.
Recent Price Action
On 10/28/24, Northeast Community Bancorp Inc (NASDAQ: NECB) stock increased 1.6%, closing at $27.61. However, below average trading volume at 68% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NECB is expected to be Value Creation neutral.
Northeast Community Bancorp 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. Northeast Community Bancorp has a good Appreciation Score of 77 and a very high Power Rating of 98, triggering 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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