Finward Bancorp (NASDAQ: FNWD) has reported earnings for its third fiscal quarter (ending September 30) of $0.14 versus $0.52 for the same period a year ago — a decline of -73%. E.P.S. were $2.71 for the latest four quarters through September 30 versus $2.53 for the same period a year ago — an increase of 7%.
Recent Price Action
Finward Bancorp (NASDAQ: FNWD) stock closed at $31.23 on 10/29/24 after a slight decline of -0.03%. However, trading volume in this decline was unusually low at 65% of normal. The stock has risen 0.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Finward Bancorp has a slightly negative Appreciation Score of 40 but a very high Power Rating of 94, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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