Bar Harbor Bankshares (NYSEAMERICAN: BHB) has reported E.P.S. of $0.80 for its third fiscal quarter (ending September 30) versus $0.73 for the same period a year ago. E.P.S. were $2.80 for the latest four quarters through September 30 versus $3.14 for the same period a year ago.
Recent Price Action
On 10/22/24, Bar Harbor Bankshares (NYSEAMERICAN: BHB) stock increased 1.6%, closing at $30.49. However, this advance was accompanied by below average trading volume at 73% of normal. Relative to the market the stock has been strong over the last nine months and has risen 0.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BHB is expected to continue to be a modest Value Builder.
Bar Harbor Bankshares has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bar Harbor Bankshares has a slightly positive Appreciation Score of 65 and a good Power Rating of 80, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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