Alert: Rating Upgrade (7/29/24)-HMN Financial Inc (NASDAQ: HMNF).

Stock Rating Upgrade

Of late the Value Trend Rating for HMN Financial Inc (NASDAQ: HMNF) improved from D to C reflecting improving fundamentals and high Appreciation Potential.

Recent Price Action

HMN Financial Inc (NASDAQ: HMNF) stock closed at $26.42 on 7/29/24 after a slight gain of 0.09%. However, trading volume in this advance was exceptionally low at 38% of normal. The stock has been strong relative to the market over the last nine months and has risen 4.4% during the last week.

Current PriceTarget Research Rating

HMNF’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

HMN Financial has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. HMN Financial has a slightly negative Appreciation Score of 30 and a neutral Power Rating of 57, triggering the Low Neutral Value Trend Rating.