Community Bank System Inc. (NYSE: CBU) has reported E.P.S. of $0.91 for its second fiscal quarter (ending June 30) versus $0.90 for the same period a year ago — an increase of 1%. This performance was $0.10 better than the consensus estimate of $0.81. E.P.S. were $3.12 for the latest four quarters through June 30 versus $2.87 for the same period a year ago — an increase of 9%.
Recent Price Action
Community Bank System Inc. (NYSE: CBU) stock closed at $61.43 on 7/23/24 after a large increase of 3.5%. Moreover, trading volume in this advance was above average at 144% of normal. The stock has risen 13.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CBU is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Community Bank System has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Community Bank System has a neutral Appreciation Score of 46 and a neutral Power Rating of 51, 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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