For its second fiscal quarter (ending June 30), Capital City Bank Group (NASDAQ: CCBG) has reported a 1% increase in E.P.S. from $0.83 a year ago to $0.84 in the current quarter. Relative to the consensus estimate of $0.73, this was a premium of $0.11. For the latest four quarters through June 30, E.P.S. were $3.02 compared to $2.77 a year ago — an increase of 9%.
Recent Price Action
Capital City Bank Group (NASDAQ: CCBG) stock closed at $33.47 on 7/23/24 after a large increase of 2.5%. Moreover, above average trading volume at 127% of normal accompanied the advance. The stock has risen 9.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CCBG is expected to continue to be a modest Value Builder.
Capital City Bank Group 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 contradictory signals. Capital City Bank Group has a slightly positive Appreciation Score of 63 but a slightly negative Power Rating of 33, triggering 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.
Be the first to comment