On 4/25/24, Eagle Bancorp Inc (NASDAQ: EGBN) stock suffered a major decline of -10.3%, closing at $19.96. Moreover, this decline was accompanied by exceptionally high trading volume at 256% of normal. The stock has performed in line with the market over the last nine months and has declined -2.3% during the last week.
Current PriceTarget Research Rating
EGBN is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
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, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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