BancFirst Corp (NASDAQ: BANF) has reported E.P.S. of $1.53 for its second fiscal quarter (ending June 30) versus $1.67 for the same period a year ago — a decline of -8%. However, this performance was $0.12 better than the consensus estimate of $1.41. E.P.S. were $6.09 for the latest four quarters through June 30 versus $6.85 for the same period a year ago — a decline of -11%.
Recent Price Action
BancFirst Corp (NASDAQ: BANF) stock closed at $99.87 on 7/18/24 after a slight gain of 0.01%. Moreover, trading volume in this advance was exceptionally high at 229% of normal. The stock has risen 13.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BANF is expected to continue to be a Value Builder.
BancFirst has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. BancFirst has a neutral Appreciation Score of 57 and a neutral Power Rating of 40, producing the 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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