For its third fiscal quarter (ending September 30), Sandy Spring Bancorp Inc (NASDAQ: SASR) has reported E.P.S. of $0.36 compared to $0.46 a year ago. For the latest four quarters through September 30, E.P.S. were $1.90 versus $2.92 for the same period a year ago.
Recent Price Action
Sandy Spring Bancorp Inc (NASDAQ: SASR) stock declined by -2.5% on 10/21/24. The shares closed at $31.78. Moreover, exceptionally high trading volume at 1467% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SASR is expected to continue to be a modest Value Builder.
Sandy Spring Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Sandy Spring Bancorp has a slightly positive Appreciation Score of 69 and a very high Power Rating of 96, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment