Alert: Rating Upgrade (5/22/20)-MTS Systems Corp (NASDAQ: MTSC).


Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for MTS Systems Corp (NASDAQ: MTSC) improved in recent days. MTSC’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.


Recent Price Action

On 5/22/20, MTS Systems Corp (NASDAQ: MTSC) stock rose modestly by 0.6%, closing at $16.43. However, trading volume in this advance was unusually low at 57% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.4% during the last week.

Current PriceTarget Research Rating

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

MTS Systems has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. MTS Systems has a very high Appreciation Score of 86 but a very low Power Rating of 8, leading to the Neutral Value Trend Rating.

About John Lafferty 77056 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.

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