Extremely important positive changes in investment behavior have recently occurred for HMN Financial Inc (NASDAQ: HMNF): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
HMN Financial Inc (NASDAQ: HMNF) has benefited from significant positive changes in fundamentals: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, HMNF is expected to continue to be Value Creation neutral.
HMN Financial has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. HMN Financial has a neutral Appreciation Score of 49 but a good Power Rating of 70, triggering the High Neutral Value Trend Rating.
Recent Price Action
On 1/3/24, HMN Financial Inc (NASDAQ: HMNF) stock rose slightly by 0.2%, closing at $23.40. However, unusually low trading volume at 59% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -0.6% during the last week.
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