Wintrust Financial Corp. (NASDAQ: WTFC) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent notable positive changes in fundamentals have benefitted Wintrust Financial Corp. (NASDAQ: WTFC): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
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
Reflecting future returns on capital that are forecasted to be above the cost of capital, WTFC is expected to continue to be a Value Builder.
Wintrust Financial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Wintrust Financial has a good Power Rating of 77 and a good Appreciation Score of 81, producing the Highest Value Trend Rating.
Recent Price Action
Wintrust Financial Corp. (NASDAQ: WTFC) stock closed at $106.52 on 7/15/24 after a large increase of 2.4%. Moreover, trading volume in this advance was unusually high at 178% of normal. The stock has risen 10.5% during the last week and has been strong relative to the market over the last nine months.
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