Heritage Financial Corp (NASDAQ: HFWA) has recently experienced meaningful negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Heritage Financial Corp (NASDAQ: HFWA): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, HFWA is expected to continue to be a modest Value Builder.
Heritage Financial has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Heritage Financial has a good Appreciation Score of 81 but a neutral Power Rating of 48, resulting in the Positive Value Trend Rating.
Recent Price Action
Heritage Financial Corp (NASDAQ: HFWA) stock rose modestly by 0.4% on 5/24/24. The stock closed at $18.29. However, this advance was accompanied by normal trading volume at 83% of normal. The stock has performed in line with the market over the last nine months and has declined -3.2% during the last week.
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