Eagle Bancorp Inc (NASDAQ: EGBN) has reported a loss for its first fiscal quarter (ending March 31) of $-0.01 versus $0.78 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.52 versus $3.75 for the same period a year ago.
Recent Price Action
Eagle Bancorp Inc (NASDAQ: EGBN) stock closed at $22.24 on 4/24/24 after a slight decline of -0.1%. However, below average trading volume at 71% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 6.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, EGBN is expected to continue to be a modest Value Builder.
Eagle Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Bancorp has a very high Appreciation Score of 91 but a neutral Power Rating of 43, triggering the Positive Value Trend Rating.
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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