First Financial Northwest Inc (NASDAQ: FFNW) has reported earnings for its second fiscal quarter (ending June 30) of $0.17 versus $0.16 for the same period a year ago — an increase of 6%. This performance was $0.14 better than the consensus estimate of $0.04. E.P.S. were $0.34 for the latest four quarters through June 30 versus $1.19 for the same period a year ago — a decline of -71%.
Recent Price Action
On 7/25/24, First Financial Northwest Inc (NASDAQ: FFNW) stock declined modestly by -1.5%, closing at $21.85. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FFNW is expected to continue to be Value Creation neutral.
First Financial Northwest has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. First Financial Northwest has a poor Appreciation Score of 23 but a very high Power Rating of 90, and the High Neutral Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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