For its first fiscal quarter (ending March 31), CB Financial Services Inc (NASDAQ: CBFV) has reported a 1% increase in E.P.S. from $0.81 a year ago to $0.82 in the current quarter. Relative to the consensus estimate of $0.53, this was a premium of $0.29. E.P.S. were $4.41 for the latest four quarters through March 31 versus $2.41 for the same period a year ago — an increase of 83%.
Recent Price Action
On 4/26/24, CB Financial Services Inc (NASDAQ: CBFV) stock enjoyed a large increase of 3.9%, closing at $22.63. However, this advance was accompanied by exceptionally low trading volume at 17% of normal. The stock has risen 6.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CBFV is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
CB Financial Services has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CB Financial Services has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 62, producing the High 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.
Be the first to comment