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Investing.com - DA Davidson downgraded QCR Holdings (NASDAQ:QCRH), a $1.27 billion market cap regional bank, from Buy to Neutral on Thursday, setting a price target of $83.00. According to InvestingPro data, the stock currently trades at a P/E ratio of 11.3x.
The research firm cited its view that the bank’s 2026 growth and profitability metrics should reflect a peer valuation rather than a premium valuation.
DA Davidson identified several potential pressures facing QCR Holdings , including 2026 consensus earnings per share expectations, the $10 billion asset threshold, recent net charge-offs, and competition in the Low-Income Housing Tax Credit (LIHTC) space.
The firm also mentioned merger and acquisition activity as another factor that could potentially limit the stock’s upside in the short term.
DA Davidson emphasized that none of these factors pose franchise risk to QCR Holdings, but they are "likely to cap upside in the short term."
In other recent news, QCR Holdings reported its second-quarter 2025 earnings, surpassing earnings per share (EPS) expectations. The company achieved an EPS of $1.73, exceeding the anticipated $1.59, although it did not meet revenue projections. Despite the revenue miss, the company’s stock experienced a positive reaction, indicating investor optimism. Additionally, QCR Holdings announced a quarterly cash dividend of $0.06 per share. This dividend will be payable on October 3, 2025, to shareholders recorded by September 18, 2025. The decision was made during a board meeting held on August 20, 2025. These recent developments reflect the company’s ongoing financial strategies and shareholder engagement.
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