Stock Rating Upgrade
The Value Trend Rating for Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) stock closed at $22.78 on 1/5/24 after a slight gain of 0.2%. Moreover, trading volume in this advance was exceptionally high at 248% of normal. The stock has declined -17.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
FMAO’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Farmers & Merchants Bancorp has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Farmers & Merchants Bancorp has a neutral Appreciation Score of 50 and a neutral Power Rating of 43, resulting in the Low Neutral Value Trend Rating.
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