Extremely important positive changes in investment behavior have recently occurred for National Western Life Group Inc (NASDAQ: NWLI): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
National Western Life Group Inc (NASDAQ: NWLI). Notable positive changes in fundamentals have recently occurred: 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 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 fall short of the cost of capital, NWLI is expected to be a modest Value Eraser.
National Western Life Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National Western Life Group has a slightly negative Appreciation Score of 39 but a good Power Rating of 76, leading to the Neutral Value Trend Rating.
Recent Price Action
On 4/9/24, National Western Life Group Inc (NASDAQ: NWLI) stock declined slightly by -0.06%, closing at $491.60. Trading volume in this decline was normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
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