For its third fiscal quarter (ending September 30), Central Pacific Financial Corp. (NYSE: CPF) has reported a 0% change in E.P.S. from $0.49 a year ago to $0.49 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.10 versus $2.36 for the same period a year ago — a decline of -11%.
Recent Price Action
On 10/30/24, Central Pacific Financial Corp. (NYSE: CPF) stock suffered a large decline of -8.2%, closing at $26.76. Moreover, trading volume in this decline was above average at 131% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CPF is expected to continue to be a Value Builder.
Central Pacific Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Central Pacific Financial has a slightly positive Appreciation Score of 60 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.
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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