For its third fiscal quarter (ending September 30), City Holding Co (NASDAQ: CHCO) has reported a 2% increase in E.P.S. from $1.98 a year ago to $2.02 in the current quarter. E.P.S. were $7.80 for the latest four quarters through September 30 versus $7.84 for the same period a year ago — a decline of -1%.
Recent Price Action
City Holding Co (NASDAQ: CHCO) stock rose slightly by 0.2% on 10/24/24. The stock closed at $116.74. Moreover, trading volume in this advance was unusually high at 197% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.9% during the last week.
Current PriceTarget Research Rating
CHCO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
City Holding has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. City Holding has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 68, triggering the Neutral Value Trend Rating.
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.
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