Bank of Hawaii Corp (NYSE: BOH). Notable positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.
Significant positive changes in investment behavior have recently occurred for Bank of Hawaii Corp (NYSE: BOH): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
BOH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Bank of Hawaii has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bank of Hawaii has a neutral Appreciation Score of 44 but a poor Power Rating of 27, and the Negative Value Trend Rating results.
Recent Price Action
On 11/2/23, Bank of Hawaii Corp (NYSE: BOH) stock enjoyed a very large increase of 5.2%, closing at $53.16. Relative to the market the stock has been weak over the last nine months but has risen 12.7% during the last week.
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