Alert: Positive Investment/Fundamental Signals (3/19/24)-National Western Life Group Inc (NASDAQ: NWLI)

out_logo_500#12713.jpg

National Western Life Group Inc (NASDAQ: NWLI) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

National Western Life Group Inc (NASDAQ: NWLI) has benefited from significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

out_mm#12713.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, NWLI is expected to be Value Creation neutral.

National Western Life Group has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. National Western Life Group has a slightly negative Appreciation Score of 36 but a good Power Rating of 83, triggering the High Neutral Value Trend Rating.

Recent Price Action

National Western Life Group Inc (NASDAQ: NWLI) stock closed at $487.75 on 3/19/24 after a modest gain of 0.4%. Moreover, exceptionally high trading volume at 350% of normal accompanied the advance. The stock has risen 0.7% during the last week and has been strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*