Recent important positive changes in fundamentals have benefitted Trustmark Corp (NASDAQ: TRMK): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
Important positive changes in Trustmark Corp (NASDAQ: TRMK) investment behavior have recently occurred: positive upside/downside volume developed.
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
With future capital returns forecasted to be above 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trustmark has a good Appreciation Score of 79 and a very high Power Rating of 92, producing the Highest Value Trend Rating.
Recent Price Action
Trustmark Corp (NASDAQ: TRMK) stock declined slightly by -0.7% on 5/22/24. The stock closed at $30.23. However, this decline was accompanied by unusually low trading volume at 57% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.0% during the last week.
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