For its first fiscal quarter (ending March 31), First Capital Inc (NASDAQ: FCAP) has reported a -23% decline in E.P.S. from $1.14 a year ago to $0.88 in the current quarter. For the latest four quarters through March 31, E.P.S. were $3.57 compared to $3.93 a year ago — a decline of -9%.
Recent Price Action
First Capital Inc (NASDAQ: FCAP) stock closed at $28.72 on 4/26/24 after a large increase of 2.6%. Moreover, this advance was accompanied by above average trading volume at 129% of normal. The stock has risen 2.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FCAP is expected to continue to be a modest Value Builder.
First Capital has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. First Capital has a good Appreciation Score of 71 but a neutral Power Rating of 43, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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