Significant positive changes in investment behavior have recently occurred for QCR Holdings Inc (NASDAQ: QCRH): the stock’s recent price rise disrupted its longer term downtrend.
QCR Holdings Inc (NASDAQ: QCRH). Important positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
QCRH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
QCR Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. QCR Holdings has a good Appreciation Score of 79 and a very high Power Rating of 90, leading to the Highest Value Trend Rating.
Recent Price Action
QCR Holdings Inc (NASDAQ: QCRH) stock closed at $53.36 on 12/4/23 after an increase of 1.9%. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.0% during the last week.
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