Recent extremely meaningful positive changes in fundamentals have benefitted S&T Bancorp Inc (NASDAQ: STBA): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
STBA’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.
S&T Bancorp has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. S&T Bancorp has a slightly positive Appreciation Score of 62 and a good Power Rating of 74, and the Positive Value Trend Rating results.
Recent Price Action
S&T Bancorp Inc (NASDAQ: STBA) stock declined by -3.2% on 8/5/24. The shares closed at $40.02. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -12.3% during the last week.
Be the first to comment