Alert: Positive Fundamental Signals (11/30/21)-First Financial Northwest Inc (NASDAQ: FFNW)

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Extremely significant positive changes in First Financial Northwest Inc (NASDAQ: FFNW) fundamentals have recently occurred: the consensus estimate for December, 2021 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2022 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FFNW is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

First Finl Northwest has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Finl Northwest has a neutral Appreciation Score of 59 but a very high Power Rating of 87, leading to the Positive Value Trend Rating.

Recent Price Action

First Financial Northwest Inc (NASDAQ: FFNW) stock closed at $16.57 on 11/30/21 after a modest decline of -0.8%. However, exceptionally low trading volume at 24% of normal accompanied the decline. The stock has declined -1.8% during the last week but has been exceptionally strong relative to the market over the last nine months.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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