For its first fiscal quarter (ending March 31), First Guaranty Bancshares Inc (NASDAQ: FGBI) has reported a -48% decline in E.P.S. from $0.27 a year ago to $0.14 in the current quarter. Relative to the consensus estimate of $0.22, this was a shortfall of $-0.08. E.P.S. were $0.49 for the latest four quarters through March 31 versus $2.09 for the same period a year ago — a decline of -77%.
Recent Price Action
On 4/29/24, First Guaranty Bancshares Inc (NASDAQ: FGBI) stock declined by -2.2%, closing at $10.15. Moreover, exceptionally high trading volume at 783% of normal accompanied the decline. The stock has declined -1.5% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
FGBI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
First Guaranty Bancshares has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. First Guaranty Bancshares has a neutral Power Rating of 56 and a neutral Appreciation Score of 60, triggering 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.
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