Financial Institutions Inc (NASDAQ: FISI) has reported E.P.S. of $0.11 for its first fiscal quarter (ending March 31) versus $0.76 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.52 compared to $3.40 a year ago.
Recent Price Action
Financial Institutions Inc (NASDAQ: FISI) stock closed at $17.42 on 4/25/24 after a modest decline of -2.0%. Moreover, above average trading volume at 126% of normal accompanied the decline. The stock has risen 6.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
FISI is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Financial Institutions has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Financial Institutions has a slightly positive Power Rating of 61 and a very high Appreciation Score of 91, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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