Arrow Financial Corp (NASDAQ: AROW) has reported E.P.S. of $0.45 for its first fiscal quarter (ending March 31) versus $0.52 for the same period a year ago — a decline of -13%. Relative to the consensus estimate of $0.58, this was a shortfall of $-0.14. For the latest four quarters through March 31, E.P.S. were $1.72 compared to $2.72 a year ago — a decline of -37%.
Recent Price Action
Arrow Financial Corp (NASDAQ: AROW) stock closed at $22.27 on 4/30/24 after a decline of -2.3%. However, unusually low trading volume at 64% of normal accompanied the decline. The stock has declined -3.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
AROW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Arrow Financial 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. Arrow Financial has a slightly positive Appreciation Score of 68 and a good Power Rating of 84, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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