Alert: Positive Investment/Fundamental Signals (3/27/24)-Pathward Financial Inc (NASDAQ: CASH)

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Recent extremely meaningful positive changes in investment behavior have benefitted Pathward Financial Inc (NASDAQ: CASH): the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.

Pathward Financial Inc (NASDAQ: CASH) has recently enjoyed meaningful positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

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.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CASH is expected to continue to be a major Value Builder.

Pathward Financial has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pathward Financial has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 69, producing the Positive Value Trend Rating.

Recent Price Action

Pathward Financial Inc (NASDAQ: CASH) stock enjoyed a large increase of 2.5% on 3/27/24. The stock closed at $50.27. However, trading volume in this advance was below average at 80% of normal. The stock has performed in line with the market over the last nine months and has risen 4.4% during the last week.

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