PNM Resources Inc. (NYSE: TXNM) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.17 versus a loss $-0.58 for the same period a year ago — a decline of -129%. E.P.S. were $2.67 for the latest four quarters through December 31 versus $1.02 for the same period a year ago — an increase of 162%.
Recent Price Action
On 2/21/25, PNM Resources Inc. (NYSE: TXNM) stock enjoyed a large increase of 3.5%, closing at $53.22. Moreover, trading volume in this advance was exceptionally high at 245% of normal. The stock has risen 6.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PNM Resources has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PNM Resources has a neutral Appreciation Score of 56 but a good Power Rating of 79, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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