First United Corp (NASDAQ: FUNC) has benefited from extremely significant positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FUNC is expected to continue to be a modest Value Builder.
First United has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. First United has a good Power Rating of 71 and a good Appreciation Score of 75, triggering the Positive Value Trend Rating.
Recent Price Action
On 8/5/24, First United Corp (NASDAQ: FUNC) stock declined by -3.0%, closing at $26.70. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -3.5% during the last week.
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