Alert: Negative Investment/Fundamental Signals (11/24/23)-PacWest Bancorp (NASDAQ: PACW)


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

PacWest Bancorp (NASDAQ: PACW) suffers from meaningful negative changes in investment behavior: 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 is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

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 13, and the Neutral Value Trend Rating results.

Recent Price Action

PacWest Bancorp (NASDAQ: PACW) stock closed at $8.10 on 11/24/23 after a slight decline of -0.1%. The stock has declined -1.8% during the last week and has been weak relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.