Northwest Bancshares Inc (NASDAQ: NWBI) has reported E.P.S. of $0.26 for its third fiscal quarter (ending September 30) versus $0.31 for the same period a year ago — a decline of -16%. For the latest four quarters through September 30, E.P.S. were $0.76 compared to $1.10 a year ago — a decline of -31%.
Recent Price Action
Northwest Bancshares Inc (NASDAQ: NWBI) stock closed at $13.46 on 10/29/24 after a slight decline of -0.1%. However, this decline was accompanied by unusually low trading volume at 61% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
NWBI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northwest Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Northwest Bancshares has a neutral Appreciation Score of 59 but a good Power Rating of 70, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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