Alert: Negative Investment/Fundamental Signals (11/15/23)-PacWest Bancorp (NASDAQ: PACW)


Recent meaningful negative changes in fundamentals have affected PacWest Bancorp (NASDAQ: PACW): the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Important negative changes in PacWest Bancorp (NASDAQ: PACW) investment behavior have recently occurred: its shorter term price trend turned down.

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


Current PriceTarget Research Rating

PACW’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

PacWest Bancorp has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PacWest Bancorp has a very high Appreciation Score of 96 but a very low Power Rating of 2, producing the Neutral Value Trend Rating.

Recent Price Action

On 11/15/23, PacWest Bancorp (NASDAQ: PACW) stock increased 1.7%, closing at $8.25. Relative to the market the stock has been extremely weak over the last nine months but has risen 6.0% during the last week.

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