For its fourth fiscal quarter (ending December 31), First Merchants Corp (NASDAQ: FRME) has reported a 55% increase in E.P.S. from $0.71 a year ago to $1.10 in the current quarter. E.P.S. were $3.42 for the latest four quarters through December 31 versus $3.74 for the same period a year ago — a decline of -9%.
Recent Price Action
On 1/30/25, First Merchants Corp (NASDAQ: FRME) stock enjoyed a large increase of 3.5%, closing at $42.71. Moreover, this advance 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 and has risen 6.7% during the last week.
Current PriceTarget Research Rating
First Merchants 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. First Merchants has a good Appreciation Score of 80 and a good Power Rating of 84, leading to 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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