Alert: Negative Investment/Fundamental Signals (2/28/24)-BCB Bancorp Inc (NASDAQ: BCBP)

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BCB Bancorp Inc (NASDAQ: BCBP) suffers from exceptional negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.

Recent meaningful negative changes in fundamentals have impacted BCB Bancorp Inc (NASDAQ: BCBP): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

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

Reflecting future returns on capital that are forecasted to exceed the cost of capital, BCBP is expected to continue to be a modest Value Builder.

BCB 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. BCB Bancorp has a neutral Power Rating of 51 but a very high Appreciation Score of 89, with the Positive Value Trend Rating the result.

Recent Price Action

BCB Bancorp Inc (NASDAQ: BCBP) stock closed at $10.39 on 2/28/24 after a decline of -2.4%. However, below average trading volume at 76% of normal accompanied the decline. The stock has declined -4.4% during the last week and has performed in line with the market over the last nine months.

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