For its second fiscal quarter (ending June 30), Bank of Hawaii Corp (NYSE: BOH) has reported a -28% decline in E.P.S. from $1.12 a year ago to $0.81 in the current quarter. This performance was $-0.06 short of the consensus estimate of $0.87. E.P.S. were $3.58 for the latest four quarters through June 30 versus $5.06 for the same period a year ago — a decline of -29%.
Recent Price Action
Bank of Hawaii Corp (NYSE: BOH) stock closed at $68.33 on 7/22/24 after an increase of 1.5%. Moreover, this advance was accompanied by unusually high trading volume at 185% of normal. The stock has risen 12.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
BOH’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.
Bank of Hawaii has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Bank of Hawaii has a neutral Power Rating of 45 and a neutral Appreciation Score of 41, producing the Low 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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