The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 5.98, which is lower than the Banking Services industry's average of 7.05. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 27.91M, representing a year-over-year increase of 18.16%, while its net profit experienced a year-over-year increase of 36.22%.
Key Metrics
The company’s current valuation score is 7.57, which is lower than the Banking Services industry's average of 7.67. Its current P/E ratio is 18.16, which is 48.42% below the recent high of 26.96 and 62.68% above the recent low of 6.78.
The company’s current earnings forecast score is 8.00, which is higher than the Banking Services industry's average of 7.41. The average price target for Chemung Financial Corp is 60.00, with a high of 60.00 and a low of 60.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.24, which is lower than the Banking Services industry's average of 7.43. Sideways: Currently, the stock price is trading between the resistance level at 52.68 and the support level at 48.92, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 3.00, which is lower than the Banking Services industry's average of 5.27. The latest institutional shareholding proportion is 48.26%, representing a quarter-over-quarter decrease of 16.66%. The largest institutional shareholder is The Vanguard, holding a total of 204.41K shares, representing 4.25% of shares outstanding, with 2.36% increase in holdings.
The company’s current risk assessment score is 5.06, which is lower than the Banking Services industry's average of 6.61. The company's beta value is 0.50. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
