Alert: Positive Investment/Fundamental Signals (12/5/23)-United Community Banks Inc (NASDAQ: UCBI)


Recent extremely meaningful positive changes in investment behavior have benefitted United Community Banks Inc (NASDAQ: UCBI): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Recent notable positive changes in fundamentals have benefitted United Community Banks Inc (NASDAQ: UCBI): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

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


Current PriceTarget Research Rating

UCBI is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

United Community Banks has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. United Community Banks has a good Appreciation Score of 77 but a neutral Power Rating of 45, resulting in the High Neutral Value Trend Rating.

Recent Price Action

United Community Banks Inc (NASDAQ: UCBI) stock closed at $26.15 on 12/5/23 after a modest decline of -1.0%. However, below average trading volume at 68% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 7.4% during the last week.

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