Alert: New Earnings Report (8/29/24)-IF Bancorp Inc (NASDAQ: IROQ).

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IF Bancorp Inc (NASDAQ: IROQ) has reported E.P.S. of $0.13 for its fourth fiscal quarter (ending June 30) versus $0.20 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.57 versus $1.50 for the same period a year ago.

Recent Price Action

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On 8/29/24, IF Bancorp Inc (NASDAQ: IROQ) stock was unchanged 0.0%, closing at $18.00. However, exceptionally low trading volume at 28% of normal accompanied the flat performance. The stock has been strong relative to the market over the last nine months and has risen 1.7% during the last week.

Current PriceTarget Research Rating

IROQ is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

IF Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. IF Bancorp has a neutral Appreciation Score of 56 and a neutral Power Rating of 58, and the High Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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