For its first fiscal quarter (ending March 31), Banner Corp (NASDAQ: BANR) has reported E.P.S. of $1.09 compared to $1.62 a year ago. For the latest four quarters through March 31, E.P.S. were $4.81 compared to $6.04 a year ago.
Recent Price Action
Banner Corp (NASDAQ: BANR) stock rose modestly by 0.4% on 4/17/24. The stock closed at $43.15. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -7.7% during the last week.
Current PriceTarget Research Rating
BANR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Banner has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Banner has a neutral Power Rating of 56 but a good Appreciation Score of 81, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment