Stock Rating Upgrade
In the last week the Value Trend Rating for First Northwest Bancorp (NASDAQ: FNWB) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 8/9/24, First Northwest Bancorp (NASDAQ: FNWB) stock declined slightly by -0.7%, closing at $9.80. However, trading volume in this decline was below average at 70% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FNWB is expected to continue to be Value Creation neutral.
First Northwest Bancorp 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 contradictory signals. First Northwest Bancorp has a slightly positive Appreciation Score of 69 but a poor Power Rating of 24, with the Low Neutral Value Trend Rating the result.
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