Alert: Major Price Decline (11/7/23)-ICU Medical Inc (NASDAQ: ICUI).

ICU Medical Inc (NASDAQ: ICUI) stock suffered a major decline of -17.3% on 11/7/23. The shares closed at $84.34. The stock has declined -14.3% during the last week and has been extremely weak relative to the market over the last nine months.

With future capital returns forecasted to be above the cost of capital, ICUI is expected to continue to be a modest Value Builder.
ICU Medical has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing very contradictory signals. ICU Medical has a slightly positive Appreciation Score of 64 but a very low Power Rating of 10, leading to the Negative Value Trend Rating.
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.