Community Trust Bancorp Inc (NASDAQ: CTBI) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.25 versus $1.04 for the same period a year ago — an increase of 20%. This result exceeded the consensus estimate of $1.20 by $0.05. For the latest four quarters through December 31, E.P.S. were $4.61 versus $4.36 for the same period a year ago — an increase of 6%.
Recent Price Action
Community Trust Bancorp Inc (NASDAQ: CTBI) stock enjoyed a large increase of 2.3% on 1/15/25. The stock closed at $53.99. Moreover, this advance was accompanied by above average trading volume at 144% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.6% during the last week.
Current PriceTarget Research Rating
Community Trust Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Community Trust Bancorp has a slightly positive Appreciation Score of 68 and a very high Power Rating of 86, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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