Alert: Positive Investment/Fundamental Signals (12/5/23)-Enterprise Financial Services Co (NASDAQ: EFSC)


Recent extremely meaningful positive changes in investment behavior have benefitted Enterprise Financial Services Co (NASDAQ: EFSC): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Enterprise Financial Services Co (NASDAQ: EFSC) has recently enjoyed small positive changes in fundamentals: significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EFSC is expected to continue to be a Value Builder.

Enterprise Financial Services has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Enterprise Financial Services has a good Appreciation Score of 71 but a slightly negative Power Rating of 35, leading to the Neutral Value Trend Rating.

Recent Price Action

Enterprise Financial Services Co (NASDAQ: EFSC) stock closed at $40.86 on 12/5/23 after a slight decline of -0.7%. Moreover, trading volume in this decline was unusually high at 164% of normal. The stock has risen 7.3% during the last week but has been weak relative to the market over the last nine months.

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