Alert: Positive Investment/Fundamental Signals (6/28/24)-Arrow Financial Corp (NASDAQ: AROW)

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Meaningful positive changes in Arrow Financial Corp (NASDAQ: AROW) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Arrow Financial Corp (NASDAQ: AROW) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, AROW is expected to continue to be a Value Builder.

Arrow Financial has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Arrow Financial has a slightly positive Appreciation Score of 62 and a slightly positive Power Rating of 65, triggering the Positive Value Trend Rating.

Recent Price Action

On 6/28/24, Arrow Financial Corp (NASDAQ: AROW) stock enjoyed a large increase of 2.5%, closing at $26.05. Moreover, trading volume in this advance was exceptionally high at 723% of normal. The stock has performed in line with the market over the last nine months and has risen 5.1% during the last week.

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