Hingham Institution for Savings (NASDAQ: HIFS) has reported earnings for its fourth fiscal quarter (ending December 31) of $2.93 versus $5.58 for the same period a year ago — a decline of -47%. For the latest four quarters through December 31, E.P.S. were $12.26 compared to $17.49 a year ago — a decline of -30%.
Recent Price Action
Hingham Institution for Savings (NASDAQ: HIFS) stock rose modestly by 1.0% on 1/19/24. The stock closed at $187.99. Moreover, trading volume in this advance was above average at 149% of normal. Relative to the market the stock has been weak over the last nine months and has declined -5.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HIFS is expected to continue to be a modest Value Builder.
Hingham Institution for Savings has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hingham Institution for Savings has a good Appreciation Score of 78 but a neutral Power Rating of 44, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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