Alert: Positive Investment/Fundamental Signals (12/14/23)-HMN Financial Inc (NASDAQ: HMNF)


HMN Financial Inc (NASDAQ: HMNF) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Small positive changes in fundamentals have recently occurred for HMN Financial Inc (NASDAQ: HMNF): 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

With future capital returns forecasted to be in line with the cost of capital, HMNF is expected to continue to be Value Creation neutral.

HMN Financial has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. HMN Financial has a neutral Appreciation Score of 53 and a neutral Power Rating of 60, with the Neutral Value Trend Rating the result.

Recent Price Action

HMN Financial Inc (NASDAQ: HMNF) stock closed at $22.95 on 12/14/23 after a very large increase of 9.4%. Moreover, unusually high trading volume at 155% of normal accompanied the advance. The stock has risen 25.4% during the last week and has been strong relative to the market over the last nine months.

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