Carter Bankshares Inc (NASDAQ: CARE) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.36 versus a loss $-0.08 for the same period a year ago — a decline of -550%. For the latest four quarters through December 31, E.P.S. were $1.06 versus $1.00 for the same period a year ago — an increase of 6%.
Recent Price Action
Carter Bankshares Inc (NASDAQ: CARE) stock increased 1.4% on 1/23/25. The shares closed at $17.78. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.4% during the last week.
Current PriceTarget Research Rating
Carter Bankshares 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 consistent signals. Carter Bankshares has a good Appreciation Score of 79 and a very high Power Rating of 98, and the Highest Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment