Alert: Positive Investment/Fundamental Signals (6/5/24)-Trustmark Corp (NASDAQ: TRMK)

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Meaningful positive changes in Trustmark Corp (NASDAQ: TRMK) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Trustmark Corp (NASDAQ: TRMK). Important positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

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.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, TRMK is expected to continue to be a modest Value Builder.

Trustmark has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Trustmark has a good Appreciation Score of 81 and a very high Power Rating of 90, and the Highest Value Trend Rating results.

Recent Price Action

On 6/5/24, Trustmark Corp (NASDAQ: TRMK) stock declined slightly by -0.4%, closing at $28.30. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.4% during the last week.

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