Alert: Positive Investment/Fundamental Signals (11/10/23)-Medallion Financial Corp. (NASDAQ: MFIN)


Significant positive changes in fundamentals have recently occurred for Medallion Financial Corp. (NASDAQ: MFIN). Positive developments: the consensus estimate for December, 2023 increased significantly, the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred. Negative development: the consensus estimate for December, 2024 decreased significantly.

Medallion Financial Corp. (NASDAQ: MFIN). Extremely important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and its shorter term price trend turned up.

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

MFIN’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.

Medallion Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Medallion Financial has a good Power Rating of 74 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.

Recent Price Action

Medallion Financial Corp. (NASDAQ: MFIN) stock enjoyed a large increase of 4.5% on 11/10/23. The stock closed at $8.64. Relative to the market the stock has been strong over the last nine months and has risen 7.3% during the last week.

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