Red River Bancshares, Inc. (RRBI) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Red River Bancshares (RRBI) has shown strong stock performance, with a 12.2% increase over the past month and a 16.7% gain since the beginning of the year, outperforming both the Zacks Finance sector and the Zacks Banks - Southwest industry [1][2]. Performance Metrics - The stock reached a new 52-week high of $63 recently [1]. - Red River Bancshares has consistently beaten earnings estimates, reporting an EPS of $1.52 against a consensus estimate of $1.29 in its last earnings report [2]. Earnings Projections - For the current fiscal year, earnings are expected to be $5.86 per share on revenues of $120.78 million, reflecting an 18.38% increase in EPS and a 10.06% increase in revenues [3]. - For the next fiscal year, projected earnings are $6.02 per share on revenues of $125.45 million, indicating a year-over-year change of 2.79% in EPS and 3.87% in revenues [3]. Valuation Metrics - The stock trades at 10.8 times current fiscal year EPS estimates, below the peer industry average of 12.8 times [7]. - On a trailing cash flow basis, it trades at 11.4 times, compared to the peer group's average of 11.6 times [7]. Style Scores - Red River Bancshares has a Value Score of B, with Growth and Momentum Scores both at C, resulting in a combined VGM Score of B [6]. - The Zacks Rank for the stock is 2 (Buy), supported by rising earnings estimates, indicating potential for further growth [8].