Community Trust Bancorp Inc (NASDAQ: CTBI) has reported E.P.S. of $1.04 for its first fiscal quarter (ending March 31) versus $1.08 for the same period a year ago. E.P.S. were $4.32 for the latest four quarters through March 31 versus $4.57 for the same period a year ago.
Recent Price Action
Community Trust Bancorp Inc (NASDAQ: CTBI) stock closed at $39.60 on 4/17/24 after a slight gain of 0.3%. However, below average trading volume at 75% of normal accompanied the advance. The stock has declined -6.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CTBI is expected to continue to be a Value Builder.
Community Trust Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Community Trust Bancorp has a good Appreciation Score of 70 and a good Power Rating of 81, 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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