Alert: Positive Investment/Fundamental Signals (12/14/23)-Hancock Whitney Corp (NASDAQ: HWC)


Important positive changes in fundamentals have recently occurred for Hancock Whitney Corp (NASDAQ: HWC): the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

Hancock Whitney Corp (NASDAQ: HWC) has recently enjoyed significant positive changes in investment behavior: the stock rose on very heavy volume.

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

HWC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Hancock Whitney 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. Hancock Whitney has a good Power Rating of 71 and a good Appreciation Score of 71, with the Positive Value Trend Rating the result.

Recent Price Action

Hancock Whitney Corp (NASDAQ: HWC) stock enjoyed a large increase of 3.0% on 12/14/23. The stock closed at $47.70. Moreover, trading volume in this advance was exceptionally high at 255% of normal. The stock has been strong relative to the market over the last nine months and has risen 9.5% during the last week.

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