Extremely important positive changes in investment behavior have recently occurred for Trustmark Corp (NASDAQ: TRMK): its shorter term price trend turned up, and positive upside/downside volume developed.
Trustmark Corp (NASDAQ: TRMK). Significant positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to 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 exceed the cost of capital, TRMK is expected to continue to be a modest Value Builder.
Trustmark has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Trustmark has a good Appreciation Score of 77 and a very high Power Rating of 90, producing the Highest Value Trend Rating.
Recent Price Action
Trustmark Corp (NASDAQ: TRMK) stock closed at $30.05 on 4/26/24 after a modest gain of 0.8%. Trading volume in this advance was normal. The stock has risen 16.8% during the last week and has been strong relative to the market over the last nine months.
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