On 11/6/24, Tompkins Financial Corp (NYSEAMERICAN: TMP) stock enjoyed a major increase of 17.6%, closing at $78.15. Moreover, exceptionally high trading volume at 323% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.1% 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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Tompkins Financial has a neutral Appreciation Score of 48 but a very high Power Rating of 96, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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