Recent extremely meaningful positive changes in investment behavior have benefitted QCR Holdings Inc (NASDAQ: QCRH): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
QCR Holdings Inc (NASDAQ: QCRH) has recently enjoyed important 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 A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, QCRH is expected to continue to be a modest Value Builder.
QCR Holdings has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. QCR Holdings has a good Appreciation Score of 78 and a very high Power Rating of 94, and the Highest Value Trend Rating results.
Recent Price Action
QCR Holdings Inc (NASDAQ: QCRH) stock closed at $56.05 on 1/10/24 after a modest gain of 0.4%. NORMAL trading volume accompanied the advance. The stock has declined -4.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
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