For its first fiscal quarter (ending March 31), Investar Holding Corp (NASDAQ: ISTR) has reported E.P.S. of $0.48 compared to $0.38 a year ago. For the latest four quarters through March 31, E.P.S. were $1.79 compared to $2.94 a year ago.
Recent Price Action
Investar Holding Corp (NASDAQ: ISTR) stock closed at $16.10 on 4/22/24 after a large increase of 2.4%. Moreover, above average trading volume at 130% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
ISTR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Investar Holding has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Investar Holding has a good Appreciation Score of 81 and a very high Power Rating of 90, leading to the Highest Value Trend Rating.
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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