National Bank Holdings Corp (NYSE: NBHC) has reported E.P.S. of $0.68 for its second fiscal quarter (ending June 30) versus $0.86 for the same period a year ago — a decline of -21%. Relative to the consensus estimate of $0.74, this was a shortfall of $-0.06. For the latest four quarters through June 30, E.P.S. were $3.33 compared to $2.87 a year ago — an increase of 16%.
Recent Price Action
On 7/23/24, National Bank Holdings Corp (NYSE: NBHC) stock increased 1.3%, closing at $45.60. Moreover, above average trading volume at 142% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NBHC is expected to continue to be a Value Builder.
National Bank Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. National Bank Holdings has a neutral Appreciation Score of 57 and a slightly positive Power Rating of 68, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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