Alert: Positive Investment/Fundamental Signals (12/5/23)-Penseco Financial Services Corp (NASDAQ: PFIS)


Recent extremely meaningful positive changes in investment behavior have benefitted Penseco Financial Services Corp (NASDAQ: PFIS): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in fundamentals have recently occurred for Penseco Financial Services Corp (NASDAQ: PFIS): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2023 increased significantly.

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, PFIS is expected to continue to be a modest Value Builder.

Penseco Financial Services has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Penseco Financial Services has a slightly positive Appreciation Score of 67 and a slightly positive Power Rating of 69, and the Positive Value Trend Rating results.

Recent Price Action

Penseco Financial Services Corp (NASDAQ: PFIS) stock declined slightly by -0.4% on 12/5/23. The stock closed at $44.65. However, this decline was accompanied by below average trading volume at 72% of normal. Relative to the market the stock has been strong over the last nine months and has risen 5.2% during the last week.

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