Citizens & Northern Corp (NASDAQ: CZNC) has reported E.P.S. of $0.41 for its third fiscal quarter (ending September 30) versus $0.50 for the same period a year ago — a decline of -18%. This result fell short of the consensus estimate of $0.45 by $-0.04. E.P.S. were $1.44 for the latest four quarters through September 30 versus $1.79 for the same period a year ago — a decline of -20%.
Recent Price Action
Citizens & Northern Corp (NASDAQ: CZNC) stock was unchanged 0.0% on 10/17/24. The shares closed at $20.08. However, this flat performance was accompanied by unusually low trading volume at 50% of normal. The stock has performed in line with the market over the last nine months and has risen 5.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CZNC is expected to continue to be a modest Value Builder.
Citizens & Northern has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Citizens & Northern has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 63, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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