BayCom Corp (NASDAQ: BCML) has reported earnings for its first fiscal quarter (ending March 31) of $0.51 versus $0.57 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.21 compared to $1.97 a year ago.
Recent Price Action
BayCom Corp (NASDAQ: BCML) stock rose modestly by 0.7% on 4/18/24. The stock closed at $19.91. Moreover, above average trading volume at 131% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
BCML’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
BayCom has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BayCom has a slightly positive Power Rating of 67 and a good Appreciation Score of 73, resulting in the Positive Value Trend Rating.
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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