Alert: Positive Fundamental Signals (8/5/24)-QCR Holdings Inc (NASDAQ: QCRH)

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QCR Holdings Inc (NASDAQ: QCRH) has benefited from extremely meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings 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.

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Current PriceTarget Research Rating

QCRH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

QCR Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. QCR Holdings has a good Power Rating of 72 and a good Appreciation Score of 75, leading to the Highest Value Trend Rating.

Recent Price Action

QCR Holdings Inc (NASDAQ: QCRH) stock closed at $69.38 on 8/5/24 after a decline of -3.0%. Moreover, this decline was accompanied by above average trading volume at 132% of normal. Relative to the market the stock has been strong over the last nine months but has declined -8.7% during the last week.

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