Plumas Bancorp (NASDAQ: PLBC) has reported earnings for its second fiscal quarter (ending June 30) of $1.15 versus $1.14 for the same period a year ago — an increase of 1%. Relative to the consensus estimate of $1.09, this was a premium of $0.06. For the latest four quarters through June 30, E.P.S. were $4.85 compared to $5.02 a year ago — a decline of -3%.
Recent Price Action
Plumas Bancorp (NASDAQ: PLBC) stock closed at $40.73 on 7/17/24 after a modest gain of 0.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 203% of normal. The stock has risen 18.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
PLBC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Plumas Bancorp has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Plumas Bancorp has a slightly positive Appreciation Score of 66 but a poor Power Rating of 27, with the Low Neutral Value Trend Rating the result.
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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