Extremely important negative changes in investment behavior have recently occurred for Finward Bancorp (NASDAQ: FNWD): negative upside/downside volume developed, and its shorter term price trend turned down.
Finward Bancorp (NASDAQ: FNWD). Important negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FNWD is expected to be Value Creation neutral.
Finward Bancorp has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Finward Bancorp has a neutral Appreciation Score of 47 and a slightly positive Power Rating of 60, resulting in the Neutral Value Trend Rating.
Recent Price Action
Finward Bancorp (NASDAQ: FNWD) stock closed at $23.30 on 2/27/24 after a large increase of 2.1%. However, this advance was accompanied by exceptionally low trading volume at 9% of normal. The stock has declined -2.8% during the last week but has been strong relative to the market over the last nine months.
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