HomeStreet Inc (NASDAQ: HMST) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Significant negative changes in fundamentals have recently occurred for HomeStreet Inc (NASDAQ: HMST): the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
HMST is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
HomeStreet has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. HomeStreet has a very high Power Rating of 90 and a very high Appreciation Score of 90, leading to the Highest Value Trend Rating.
Recent Price Action
HomeStreet Inc (NASDAQ: HMST) stock declined modestly by -1.7% on 5/14/24. The stock closed at $10.07. However, this decline was accompanied by unusually low trading volume at 60% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.8% during the last week.
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