Plumas Bancorp (NASDAQ: PLBC) has reported E.P.S. of $1.33 for its third fiscal quarter (ending September 30) versus $1.36 for the same period a year ago — a decline of -2%. However, this performance was $0.19 better than the consensus estimate of $1.14. For the latest four quarters through September 30, E.P.S. were $4.82 compared to $5.14 a year ago — a decline of -6%.
Recent Price Action
On 10/16/24, Plumas Bancorp (NASDAQ: PLBC) stock enjoyed a large increase of 4.2%, closing at $41.52. Moreover, trading volume in this advance was exceptionally high at 295% of normal. Relative to the market the stock has been strong over the last nine months and has risen 9.2% during the last week.
Current PriceTarget Research Rating
PLBC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Plumas Bancorp 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. Plumas Bancorp has a slightly positive Appreciation Score of 65 and a good Power Rating of 71, 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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