Keefe, Bruyette & Woods analyst Catherine Mealor maintains Capital Bancorp (NASDAQ:CBNK) with a Market Perform and lowers the price target from $26 to $23.
Capital Bancorp (NASDAQ:CBNK) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.75 by 17.33 percent. This is a 12.68 percent decrease over earnings of $0.71 per share from
Capital Bancorp (NASDAQ:CBNK) reported quarterly earnings of $0.80 per share. This is a 17.65 percent increase over earnings of $0.68 per share from the same period last year.
Capital Bancorp (NASDAQ:CBNK) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
What Defines a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.