Arrow Financial Corp (NASDAQ: AROW) has reported earnings for its third fiscal quarter (ending September 30) of $0.54 versus $0.46 for the same period a year ago — an increase of 17%. E.P.S. were $1.97 for the latest four quarters through September 30 versus $2.02 for the same period a year ago — a decline of -2%.
Recent Price Action
Arrow Financial Corp (NASDAQ: AROW) stock declined by -2.7% on 10/31/24. The shares closed at $28.54. However, below average trading volume at 67% of normal accompanied the decline. The stock has declined -1.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, AROW is expected to continue to be a Value Builder.
Arrow Financial has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Arrow Financial has a slightly positive Appreciation Score of 60 and a good Power Rating of 76, resulting in 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.
Be the first to comment