Stock Rating Upgrade
The Value Trend Rating for Tompkins Financial Corp (NYSEAMERICAN: TMP) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Tompkins Financial Corp (NYSEAMERICAN: TMP) stock declined by -3.1% on 8/9/24. The shares closed at $54.94. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -9.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, TMP is expected to continue to be a Value Builder.
Tompkins Financial has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Tompkins Financial has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 37, and the Low Neutral Value Trend Rating results.
Be the first to comment