For its third fiscal quarter (ending September 30), SmartFinancial Inc (NYSE: SMBK) has reported E.P.S. of $0.55 compared to $0.12 a year ago. E.P.S. were $1.95 for the latest four quarters through September 30 versus $2.11 for the same period a year ago.
Recent Price Action
On 10/21/24, SmartFinancial Inc (NYSE: SMBK) stock declined by -3.0%, closing at $30.15. However, trading volume in this decline was below average at 75% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
SMBK’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.
SmartFinancial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. SmartFinancial has a slightly positive Appreciation Score of 60 and a very high Power Rating of 96, leading to 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.
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