Alert: Positive Investment/Fundamental Signals (7/31/19)-Cubic Corporation (NYSE: CUB)

out_logo_500#05671.jpg

Cubic Corporation (NYSE: CUB) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, and its longer term price trend turned up.

Notable positive changes in Cubic Corporation (NYSE: CUB) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

out_mm#05671.jpg

Current PriceTarget Research Rating

CUB is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Cubic has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cubic has a neutral Appreciation Score of 54 and a slightly positive Power Rating of 66, with the Positive Value Trend Rating the result.

Recent Price Action

Cubic Corporation (NYSE: CUB) stock closed at $66.20 on 7/31/19 after a slight decline of -0.2%. Trading volume in this decline was normal. The stock has declined -0.7% during the last week and has performed in line with the market over the last nine months.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.