Unity Bancorp Inc (NASDAQ: UNTY) has reported E.P.S. of $1.15 for its fourth fiscal quarter (ending December 31) versus $0.97 for the same period a year ago — an increase of 19%. Relative to the consensus estimate of $1.06, this was a premium of $0.09. E.P.S. were $4.13 for the latest four quarters through December 31 versus $3.89 for the same period a year ago — an increase of 6%.
Recent Price Action
On 1/15/25, Unity Bancorp Inc (NASDAQ: UNTY) stock enjoyed a large increase of 4.8%, closing at $45.40. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.3% during the last week.
Current PriceTarget Research Rating
Unity Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Unity Bancorp has a good Appreciation Score of 76 and a very high Power Rating of 97, producing the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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