Alert: Positive Investment/Fundamental Signals (8/29/24)-BancFirst Corp (NASDAQ: BANF)

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Recent significant positive changes in fundamentals have benefitted BancFirst Corp (NASDAQ: BANF): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Important positive changes in BancFirst Corp (NASDAQ: BANF) investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BANF is expected to continue to be a Value Builder.

BancFirst has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BancFirst has a neutral Appreciation Score of 52 and a slightly positive Power Rating of 66, leading to the High Neutral Value Trend Rating.

Recent Price Action

BancFirst Corp (NASDAQ: BANF) stock closed at $107.19 on 8/29/24 after a modest gain of 0.6%. However, trading volume in this advance was below average at 74% of normal. The stock has risen 5.0% during the last week and has performed in line with the market over the last nine months.

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