For its third fiscal quarter (ending September 30), BayCom Corp (NASDAQ: BCML) has reported a -4% decline in E.P.S. from $0.56 a year ago to $0.54 in the current quarter. Relative to the consensus estimate of $0.51, this was a premium of $0.03. For the latest four quarters through September 30, E.P.S. were $2.10 compared to $2.31 a year ago — a decline of -9%.
Recent Price Action
BayCom Corp (NASDAQ: BCML) stock closed at $24.50 on 10/17/24 after being unchanged was unchanged. Trading volume in this flat performance was normal. The stock has risen 4.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BCML is expected to be a modest Value Builder.
BayCom has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BayCom has a slightly positive Appreciation Score of 64 and a good Power Rating of 73, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment