Peoples Bancorp of North Carolin (NASDAQ: PEBK) has reported earnings for its third fiscal quarter (ending September 30) of $0.74 versus $0.76 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $3.05 versus $2.98 for the same period a year ago.
Recent Price Action
On 10/21/24, Peoples Bancorp of North Carolin (NASDAQ: PEBK) stock rose slightly by 0.04%, closing at $25.22. However, trading volume in this advance was unusually low at 54% of normal. The stock has performed in line with the market over the last nine months and has declined -0.6% during the last week.
Current PriceTarget Research Rating
PEBK’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.
Peoples Bancorp of North Carolin 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 inconsistent signals. Peoples Bancorp of North Carolin has a good Appreciation Score of 71 but a neutral Power Rating of 50, with the High Neutral Value Trend Rating the result.
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.
Be the first to comment