Recent extremely meaningful positive changes in investment behavior have benefitted Timberland Bancorp Inc (NASDAQ: TSBK): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.
Significant positive changes in fundamentals have recently occurred for Timberland Bancorp Inc (NASDAQ: TSBK): the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TSBK is expected to continue to be a modest Value Builder.
Timberland Bancorp has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Timberland Bancorp has a slightly positive Appreciation Score of 68 and a good Power Rating of 78, triggering the Positive Value Trend Rating.
Recent Price Action
Timberland Bancorp Inc (NASDAQ: TSBK) stock closed at $30.19 on 12/4/23 after a modest gain of 0.8%. Moreover, exceptionally high trading volume at 272% of normal accompanied the advance. The stock has risen 2.5% during the last week and has been strong relative to the market over the last nine months.
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