IF Bancorp Inc (NASDAQ: IROQ). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and the stock fell on very heavy volume.
IF Bancorp Inc (NASDAQ: IROQ) has recently experienced small negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
IROQ is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
IF Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. IF Bancorp has a neutral Appreciation Score of 57 and a neutral Power Rating of 59, and the High Neutral Value Trend Rating results.
Recent Price Action
IF Bancorp Inc (NASDAQ: IROQ) stock closed at $15.70 on 6/27/24 after a modest decline of -1.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 441% of normal. The stock has declined -6.8% during the last week but has been strong relative to the market over the last nine months.
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