Explore 28 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
To be comfortable owning TriCo Bancshares, you need to believe in a straightforward story: a regional bank aiming for steady, incremental growth while consistently returning cash to shareholders. The recent move above its 200-day moving average, paired with analyst upgrades and another uninterrupted dividend, mainly reinforces confidence in that “slow and steady” profile rather than redefining it. These developments may give near term catalysts, such as sentiment around earnings quality and dividend sustainability, a bit more momentum, but they do not materially change the underlying drivers: modest forecast growth, relatively full earnings multiples and a strong payout track record. The bigger watchpoints remain the same, including execution through leadership transition and whether returns on equity stay stuck in the single digits.
However, investors should be aware of how leadership changes could influence returns and risk. Despite retreating, TriCo Bancshares' shares might still be trading 32% above their fair value. Discover the potential downside here.Two fair value views from the Simply Wall St Community span roughly US$28 to just over US$51, underscoring how far apart expectations can be. Set that against TriCo’s recent analyst upgrades and dividend consistency, and you can see why some might focus on resilience while others concentrate on slower growth and lower return on equity. This is exactly where comparing multiple perspectives can sharpen your own view of the stock.
Explore 2 other fair value estimates on TriCo Bancshares - why the stock might be worth as much as $51.17!
Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.
These stocks are moving-our analysis flagged them today. Act fast before the price catches up:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com