Alert: Major Price Decline (4/29/22)-IES Holdings Inc (NASDAQ: IESC).


IES Holdings Inc (NASDAQ: IESC) stock suffered a major decline of -17.1% on 4/29/22. The shares closed at $29.30. Moreover, exceptionally high trading volume at 770% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -21.6% during the last week.


Current PriceTarget Research Rating

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

IES Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. IES Holdings has a good Appreciation Score of 76 but a neutral Power Rating of 44, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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.

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