Alert: Negative Investment/Fundamental Signals (5/29/24)-FS Bancorp Inc (NASDAQ: FSBW)

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FS Bancorp Inc (NASDAQ: FSBW) suffers from notable negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected FS Bancorp Inc (NASDAQ: FSBW): the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution 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 be above the cost of capital, FSBW is expected to continue to be a modest Value Builder.

FS Bancorp 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. FS Bancorp has a good Appreciation Score of 82 but a neutral Power Rating of 46, triggering the Positive Value Trend Rating.

Recent Price Action

On 5/29/24, FS Bancorp Inc (NASDAQ: FSBW) stock declined slightly by -0.7%, closing at $32.31. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -0.6% during the last week.

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