Tompkins Financial Corp (NYSEAMERICAN: TMP) has reported E.P.S. of $1.19 for its first fiscal quarter (ending March 31) versus $1.35 for the same period a year ago — a decline of -12%. Relative to the consensus estimate of $1.13, this was a premium of $0.05. For the latest four quarters through March 31, E.P.S. were $0.50 compared to $5.65 a year ago — a decline of -91%.
Recent Price Action
On 4/26/24, Tompkins Financial Corp (NYSEAMERICAN: TMP) stock increased 1.0%, closing at $46.33. However, this advance was accompanied by unusually low trading volume at 66% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TMP is expected to continue to be a Value Builder.
Tompkins Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Tompkins Financial has a neutral Appreciation Score of 60 and a slightly negative Power Rating of 38, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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