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.