Trustmark Corp (NASDAQ: TRMK) has reported E.P.S. of $0.84 for its third fiscal quarter (ending September 30) versus $0.56 for the same period a year ago. E.P.S. were $0.41 for the latest four quarters through September 30 versus $1.56 for the same period a year ago.
Recent Price Action
On 10/22/24, Trustmark Corp (NASDAQ: TRMK) stock enjoyed a large increase of 2.2%, closing at $34.50. Moreover, unusually high trading volume at 156% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TRMK is expected to continue to be a modest Value Builder.
Trustmark 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. Trustmark has a good Power Rating of 75 and a good Appreciation Score of 78, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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