Alert: Negative Investment/Fundamental Signals (9/30/20)-BBX Capital Corp (NYSE: BBX)


Recent exceptional negative changes in investment behavior have affected BBX Capital Corp (NYSE: BBX): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Notable negative changes in fundamentals have recently occurred for BBX Capital Corp (NYSE: BBX): significant quarterly sales deceleration occurred, and the consensus estimate for December, 2021 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

BBX is expected to continue to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

BBX Capital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. BBX Capital has a good Appreciation Score of 74 but a very low Power Rating of 12, producing the Neutral Value Trend Rating.

Recent Price Action

BBX Capital Corp (NYSE: BBX) stock suffered a large decline of -4.6% on 9/30/20. The stock closed at $13.39. However, unusually low trading volume at 58% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -7.6% during the last week.

About John Lafferty 94415 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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