Recent important negative changes in fundamentals have affected PacWest Bancorp (NYSE: PACW): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Important negative changes in PacWest Bancorp (NYSE: PACW) investment behavior have recently occurred: its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
PACW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
PacWest Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. PacWest Bancorp has a slightly positive Appreciation Score of 66 and a good Power Rating of 85, and the Highest Value Trend Rating results.
Recent Price Action
PacWest Bancorp (NYSE: PACW) stock closed at $14.07 on 4/29/24 after a modest decline of -1.7%. Trading volume in this decline was normal. The stock has risen 1.5% during the last week and has been strong relative to the market over the last nine months.
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