Pacific Premier Bancorp Inc (NASDAQ: PPBI). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Notable negative changes in Pacific Premier Bancorp Inc (NASDAQ: PPBI) fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
PPBI’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.
Pacific Premier Bancorp has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Pacific Premier Bancorp has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 34, triggering the Neutral Value Trend Rating.
Recent Price Action
On 9/13/24, Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock enjoyed a large increase of 3.3%, closing at $24.21. Moreover, trading volume in this advance was unusually high at 176% of normal. Relative to the market the stock has been weak over the last nine months and has declined -1.5% during the last week.
Be the first to comment