For its first fiscal quarter (ending March 31), Plumas Bancorp (NASDAQ: PLBC) has reported E.P.S. of $1.06 compared to $1.30 a year ago. For the latest four quarters through March 31, E.P.S. were $4.84 versus $4.85 for the same period a year ago.
Recent Price Action
Plumas Bancorp (NASDAQ: PLBC) stock rose modestly by 0.9% on 4/17/24. The stock closed at $35.26. Moreover, this advance was accompanied by exceptionally high trading volume at 254% of normal. The stock has performed in line with the market over the last nine months and has declined -2.5% during the last week.
Current PriceTarget Research Rating
PLBC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Plumas Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Plumas Bancorp has a neutral Power Rating of 57 but a good Appreciation Score of 78, and the Positive Value Trend Rating results.
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.
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