ConnectOne Bancorp Inc (NASDAQ: CNOB) has reported E.P.S. of $0.49 for its fourth fiscal quarter (ending December 31) versus $0.46 for the same period a year ago — an increase of 7%. For the latest four quarters through December 31, E.P.S. were $1.77 compared to $2.08 a year ago — a decline of -15%.
Recent Price Action
ConnectOne Bancorp Inc (NASDAQ: CNOB) stock closed at $25.07 on 1/30/25 after a very large increase of 5.2%. Moreover, unusually high trading volume at 157% of normal accompanied the advance. The stock has risen 8.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ConnectOne 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 highly consistent signals. ConnectOne Bancorp has a very high Appreciation Score of 85 and a very high Power Rating of 95, with the Highest Value Trend Rating the result.
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.
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