Home Federal Bancorp/LA (NASDAQ: HFBL) stock enjoyed a major increase of 19.6% on 12/15/23. The shares closed at $14.55. Moreover, trading volume in this advance was exceptionally high at 578% of normal. The stock has risen 12.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
HFBL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Home Federal Bancorp/LA has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Home Federal Bancorp/LA has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 30, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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