CF Bankshares Inc (NASDAQ: CFBK) has reported earnings for its third fiscal quarter (ending September 30) of $0.63 versus $0.66 for the same period a year ago — a decline of -5%. For the latest four quarters through September 30, E.P.S. were $2.71 compared to $2.80 a year ago — a decline of -3%.
Recent Price Action
On 11/8/23, CF Bankshares Inc (NASDAQ: CFBK) stock enjoyed a very large increase of 5.3%, closing at $16.00. The stock has been weak relative to the market over the last nine months but has risen 6.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CFBK is expected to continue to be a modest Value Builder.
CF Bankshares has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CF Bankshares has a very high Appreciation Score of 85 but a slightly negative Power Rating of 36, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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