For its third fiscal quarter (ending September 30), Broadway Financial Corp (NASDAQ: BYFC) has reported E.P.S. of $-0.03 compared to $0.00 a year ago. For the latest four quarters through September 30, E.P.S. were $0.29 versus $0.05 for the same period a year ago — an increase of 480%.
Recent Price Action
Broadway Financial Corp (NASDAQ: BYFC) stock closed at $6.67 on 10/29/24 after a modest gain of 0.9%. However, trading volume in this advance was exceptionally low at 19% of normal. Relative to the market the stock has been strong over the last nine months but has declined -6.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BYFC is expected to continue to be Value Creation neutral.
Broadway Financial 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 highly consistent signals. Broadway Financial has a good Power Rating of 71 and a good Appreciation Score of 80, and the Highest Value Trend Rating results.
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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