Alert: Positive Investment/Fundamental Signals (1/2/24)-Pacific Premier Bancorp Inc (NASDAQ: PPBI)


Recent meaningful positive changes in fundamentals have benefitted Pacific Premier Bancorp Inc (NASDAQ: PPBI): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and significant quarterly earnings acceleration occurred.

Pacific Premier Bancorp Inc (NASDAQ: PPBI) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.

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


Current PriceTarget Research Rating

PPBI’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.

Pacific Premier Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pacific Premier Bancorp has a slightly positive Appreciation Score of 62 and a good Power Rating of 80, leading to the Positive Value Trend Rating.

Recent Price Action

On 1/2/24, Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock declined slightly by -1.0%, closing at $28.83. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.

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