Peoples Bancorp of North Carolin (NASDAQ: PEBK) has reported earnings for its second fiscal quarter (ending June 30) of $0.93 versus $0.88 for the same period a year ago — an increase of 6%. E.P.S. were $3.07 for the latest four quarters through June 30 versus $3.18 for the same period a year ago — a decline of -3%.
Recent Price Action
On 7/22/24, Peoples Bancorp of North Carolin (NASDAQ: PEBK) stock declined slightly by -0.1%, closing at $31.48. Moreover, exceptionally high trading volume at 210% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 9.3% during the last week.
Current PriceTarget Research Rating
PEBK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Peoples Bancorp of North Carolin has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Peoples Bancorp of North Carolin has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 62, resulting in 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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