PCB Bancorp (PCB, Financial) recently disclosed that it received a notification from Nasdaq on May 22, indicating a compliance issue. The company failed to submit its Form 10-Q for the quarter ending March 31 within the deadline, as required by the SEC, resulting in non-compliance with Nasdaq's Listing Rule 5250. This oversight puts PCB at risk concerning its continued listing on the Nasdaq exchange, emphasizing the importance of timely regulatory filings for public companies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for PCB Bancorp (PCB, Financial) is $22.00 with a high estimate of $23.00 and a low estimate of $21.00. The average target implies an upside of 12.82% from the current price of $19.50. More detailed estimate data can be found on the PCB Bancorp (PCB) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, PCB Bancorp's (PCB, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PCB Bancorp (PCB, Financial) in one year is $21.99, suggesting a upside of 12.77% from the current price of $19.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PCB Bancorp (PCB) Summary page.
