Evans Bancorp Inc (NYSEAMERICAN: EVBN) has reported E.P.S. of $0.53 for its third fiscal quarter (ending September 30) versus $0.66 for the same period a year ago — a decline of -20%. For the latest four quarters through September 30, E.P.S. were $3.35 versus $3.73 for the same period a year ago — a decline of -10%.
Recent Price Action
Evans Bancorp Inc (NYSEAMERICAN: EVBN) stock closed at $39.82 on 10/31/24 after a slight decline of -0.5%. However, this decline was accompanied by exceptionally low trading volume at 29% of normal. The stock is unchanged during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
EVBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Evans Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Evans Bancorp has a neutral Appreciation Score of 46 but a very high Power Rating of 95, producing the Positive Value Trend Rating.
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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