Alert: Negative Investment/Fundamental Signals (2/26/24)-Banner Corp (NASDAQ: BANR)

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Banner Corp (NASDAQ: BANR) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.

Limited negative changes in fundamentals have recently occurred for Banner Corp (NASDAQ: BANR). Negative developments: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BANR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Banner has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Banner has a slightly positive Power Rating of 65 and a good Appreciation Score of 75, and the Positive Value Trend Rating results.

Recent Price Action

On 2/26/24, Banner Corp (NASDAQ: BANR) stock declined modestly by -1.5%, closing at $43.81. However, trading volume in this decline was unusually low at 66% of normal. Relative to the market the stock has been strong over the last nine months but has declined -4.7% during the last week.

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