For its first fiscal quarter (ending March 31), Pacific Premier Bancorp Inc (NASDAQ: PPBI) has reported E.P.S. of $0.49 compared to $0.66 a year ago. For the latest four quarters through March 31, E.P.S. were $0.13 compared to $2.95 a year ago.
Recent Price Action
Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock rose modestly by 0.6% on 4/24/24. The stock closed at $22.74. Moreover, trading volume in this advance was above average at 121% of normal. The stock has performed in line with the market over the last nine months and has risen 6.9% during the last week.
Current PriceTarget Research Rating
PPBI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Pacific Premier Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Pacific Premier Bancorp has a slightly positive Power Rating of 60 and a slightly positive Appreciation Score of 69, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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