Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Finward Bancorp (NASDAQ: FNWD) weakened in recent days. FNWD’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Finward Bancorp (NASDAQ: FNWD) stock declined slightly by -0.4% on 10/1/24. The stock closed at $31.85. However, trading volume in this decline was exceptionally low at 25% of normal. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FNWD is expected to be Value Creation neutral.
Finward Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Finward Bancorp has a slightly negative Appreciation Score of 39 but a very high Power Rating of 89, and the High Neutral Value Trend Rating results.
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