Arrow Financial Corp (NASDAQ: AROW). Notable positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, the stock’s power rating rose above 70, and the consensus estimate for December, 2024 increased significantly.
Significant positive changes in investment behavior have recently occurred for Arrow Financial Corp (NASDAQ: AROW): 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 B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
AROW’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.
Arrow Financial 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. Arrow Financial has a neutral Appreciation Score of 57 but a very high Power Rating of 86, and the Positive Value Trend Rating results.
Recent Price Action
Arrow Financial Corp (NASDAQ: AROW) stock declined by -3.0% on 1/3/24. The shares closed at $27.42. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.3% during the last week.
Be the first to comment