Wintrust Financial Corp. (NASDAQ: WTFC) has reported E.P.S. of $2.35 for its second fiscal quarter (ending June 30) versus $2.41 for the same period a year ago — a decline of -2%. Relative to the consensus estimate of $2.43, this was a shortfall of $-0.08. For the latest four quarters through June 30, E.P.S. were $9.75 compared to $9.77 a year ago — a decline of -0%.
Recent Price Action
Wintrust Financial Corp. (NASDAQ: WTFC) stock closed at $111.83 on 7/17/24 after a slight decline of -0.05%. Moreover, trading volume in this decline was exceptionally high at 251% of normal. The stock has risen 13.4% during the last week and has been strong relative to the market over the last nine months.
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, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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