Pathward Financial Inc (NASDAQ: CASH) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Recent minimal positive changes in fundamentals have benefitted Pathward Financial Inc (NASDAQ: CASH): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would 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 exceed the cost of capital, CASH is expected to continue to be a major Value Builder.
Pathward Financial has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Pathward Financial has a slightly positive Power Rating of 60 and a slightly positive Appreciation Score of 62, resulting in the High Neutral Value Trend Rating.
Recent Price Action
Pathward Financial Inc (NASDAQ: CASH) stock enjoyed a large increase of 3.1% on 7/15/24. The stock closed at $61.27. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. The stock has performed in line with the market over the last nine months and has risen 8.4% during the last week.
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