For its third fiscal quarter (ending September 30), MVB Financial Corp (NASDAQ: MVBF) has reported a -47% decline in E.P.S. from $0.30 a year ago to $0.16 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.45 versus $1.62 for the same period a year ago — a decline of -10%.
Recent Price Action
MVB Financial Corp (NASDAQ: MVBF) stock closed at $20.51 on 10/30/24 after a slight gain of 0.10%. However, exceptionally low trading volume at 47% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 5.0% during the last week.
Current PriceTarget Research Rating
MVBF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
MVB Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. MVB Financial has a slightly positive Appreciation Score of 69 but a slightly negative Power Rating of 39, with the 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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