UMB Financial Corp (NASDAQ: UMBF) has reported E.P.S. of $2.27 for its first fiscal quarter (ending March 31) versus $1.91 for the same period a year ago — an increase of 19%. This performance was $0.47 better than the consensus estimate of $1.80. E.P.S. were $7.58 for the latest four quarters through March 31 versus $8.65 for the same period a year ago — a decline of -12%.
Recent Price Action
UMB Financial Corp (NASDAQ: UMBF) stock suffered a large decline of -6.5% on 4/29/24. The stock closed at $77.75. Moreover, this decline was accompanied by exceptionally high trading volume at 1072% of normal. The stock has declined -4.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
UMBF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
UMB Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. UMB Financial has a very high Appreciation Score of 86 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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