For its first fiscal quarter (ending March 31), Oak Valley Bancorp (NASDAQ: OVLY) has reported E.P.S. of $0.70 compared to $1.13 a year ago. For the latest four quarters through March 31, E.P.S. were $3.35 versus $3.64 for the same period a year ago.
Recent Price Action
On 4/19/24, Oak Valley Bancorp (NASDAQ: OVLY) stock enjoyed a large increase of 4.4%, closing at $24.30. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 2.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OVLY is expected to continue to be a Value Builder.
Oak Valley Bancorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Oak Valley Bancorp has a good Appreciation Score of 79 but a neutral Power Rating of 46, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment