Alert: Positive Investment/Fundamental Signals (12/14/23)-Peoples Bancorp Inc (NASDAQ: PEBO)


Peoples Bancorp Inc (NASDAQ: PEBO) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.

Recent marginal positive changes in fundamentals have benefitted Peoples Bancorp Inc (NASDAQ: PEBO): 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

With future capital returns forecasted to be above the cost of capital, PEBO is expected to continue to be a Value Builder.

Peoples Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Peoples Bancorp has a good Appreciation Score of 73 and a good Power Rating of 79, with the Highest Value Trend Rating the result.

Recent Price Action

Peoples Bancorp Inc (NASDAQ: PEBO) stock enjoyed a large increase of 4.2% on 12/14/23. The stock closed at $33.29. Moreover, trading volume in this advance was exceptionally high at 260% of normal. The stock has risen 10.1% during the last week and has been strong relative to the market over the last nine months.

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