First Mid Bancshares Inc (NASDAQ: FMBH) has reported E.P.S. of $0.81 for its third fiscal quarter (ending September 30) versus $0.68 for the same period a year ago — an increase of 19%. For the latest four quarters through September 30, E.P.S. were $3.26 compared to $3.42 a year ago — a decline of -5%.
Recent Price Action
On 10/31/24, First Mid Bancshares Inc (NASDAQ: FMBH) stock declined by -2.4%, closing at $38.15. However, trading volume in this decline was below average at 75% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.9% during the last week.
Current PriceTarget Research Rating
FMBH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
First Mid Bancshares 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. First Mid Bancshares has a slightly positive Appreciation Score of 66 and a good Power Rating of 84, 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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