B. Riley Financial Inc (NASDAQ: RILY) stock closed at $32.54 on 11/6/23 after a major decline of -21.7%. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, RILY is expected to be Value Creation neutral.
B. Riley Financial 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. B. Riley Financial has a very low Appreciation Score of 14 but a very high Power Rating of 92, resulting in the 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.
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