Bankwell Financial Group Inc (NASDAQ: BWFG) has reported earnings for its first fiscal quarter (ending March 31) of $0.48 versus $1.34 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.84 versus $5.13 for the same period a year ago.
Recent Price Action
Bankwell Financial Group Inc (NASDAQ: BWFG) stock closed at $24.99 on 4/24/24 after a slight decline of -0.3%. However, below average trading volume at 81% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 7.8% during the last week.
Current PriceTarget Research Rating
BWFG is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Bankwell Financial Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bankwell Financial Group has a good Appreciation Score of 84 but a neutral Power Rating of 47, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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