Alert: Negative Fundamental Signals (5/3/24)-Eagle Bancorp Inc (NASDAQ: EGBN)

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Eagle Bancorp Inc (NASDAQ: EGBN). Extremely significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Eagle Bancorp has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Bancorp has a very high Appreciation Score of 91 but a slightly negative Power Rating of 31, and the High Neutral Value Trend Rating results.

Recent Price Action

Eagle Bancorp Inc (NASDAQ: EGBN) stock closed at $20.03 on 5/3/24 after an increase of 1.2%. However, below average trading volume at 75% of normal accompanied the advance. The stock is unchanged during the last week but has been weak relative to the market over the last nine months.

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