Home Federal Bancorp/LA (NASDAQ: HFBL) has reported earnings for its third fiscal quarter (ending March 31) of $0.24 versus $0.35 for the same period a year ago — a decline of -31%. For the latest four quarters through March 31, E.P.S. were $1.39 versus $1.81 for the same period a year ago — a decline of -23%.
Recent Price Action
On 4/26/24, Home Federal Bancorp/LA (NASDAQ: HFBL) stock was unchanged 0.0%, closing at $11.89. However, trading volume in this flat performance was exceptionally low at 0% of normal. Relative to the market the stock has been weak over the last nine months and has declined -1.7% during the last week.
Current PriceTarget Research Rating
HFBL is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Home Federal Bancorp/LA has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Home Federal Bancorp/LA has a good Appreciation Score of 76 but a poor Power Rating of 30, producing the 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.
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