Alert: Positive Investment/Fundamental Signals (12/5/23)-Sierra Bancorp (NASDAQ: BSRR)


Sierra Bancorp (NASDAQ: BSRR) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock rose on very heavy volume, and its shorter term price trend turned up.

Meaningful positive changes in fundamentals have recently occurred for Sierra Bancorp (NASDAQ: BSRR): the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

BSRR’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.

Sierra Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Sierra Bancorp has a good Appreciation Score of 74 and a good Power Rating of 82, triggering the Highest Value Trend Rating.

Recent Price Action

On 12/5/23, Sierra Bancorp (NASDAQ: BSRR) stock rose slightly by 0.3%, closing at $19.95. Moreover, this advance was accompanied by exceptionally high trading volume at 200% of normal. The stock has risen 10.1% during the last week and has been exceptionally strong relative to the market over the last nine months.

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