Pathward Financial Inc (NASDAQ: CASH) has reported earnings for its second fiscal quarter (ending March 31) of $2.56 versus $1.99 for the same period a year ago. E.P.S. were $6.67 for the latest four quarters through March 31 versus $4.52 for the same period a year ago.
Recent Price Action
Pathward Financial Inc (NASDAQ: CASH) stock closed at $51.09 on 4/24/24 after a modest gain of 0.7%. However, trading volume in this advance was normal at 83% of normal. The stock has risen 5.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CASH is expected to continue to be a major Value Builder.
Pathward Financial 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 consistent signals. Pathward Financial has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 66, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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