For its first fiscal quarter (ending March 31), LCNB Corp (NASDAQ: LCNB) has reported a -59% decline in E.P.S. from $0.37 a year ago to $0.15 in the current quarter. This performance was $-0.22 short of the consensus estimate of $0.37. E.P.S. were $0.92 for the latest four quarters through March 31 versus $1.92 for the same period a year ago — a decline of -52%.
Recent Price Action
On 4/29/24, LCNB Corp (NASDAQ: LCNB) stock rose modestly by 0.7%, closing at $15.35. However, trading volume in this advance was unusually low at 53% of normal. Relative to the market the stock has been weak over the last nine months but has risen 2.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LCNB is expected to be a modest Value Builder.
LCNB has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LCNB has a slightly positive Appreciation Score of 70 but a slightly negative Power Rating of 36, resulting in the Neutral Value Trend Rating.
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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