For its first fiscal quarter (ending March 31), Glacier Bancorp Inc (NYSE: GBCI) has reported E.P.S. of $0.29 compared to $0.55 a year ago. E.P.S. were $1.75 for the latest four quarters through March 31 versus $2.68 for the same period a year ago.
Recent Price Action
On 4/18/24, Glacier Bancorp Inc (NYSE: GBCI) stock rose modestly by 0.8%, closing at $35.10. Moreover, this advance was accompanied by above average trading volume at 127% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GBCI is expected to continue to be a Value Builder.
Glacier 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 consistent signals. Glacier Bancorp has a good Appreciation Score of 73 and a very high Power Rating of 91, 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.
Be the first to comment