Extremely significant positive changes in Viad Corp (NYSE: VVI) investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent important positive changes in fundamentals have benefitted Viad Corp (NYSE: VVI): the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
VVI is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Viad has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Viad has a good Appreciation Score of 72 and a very high Power Rating of 93, resulting in the Highest Value Trend Rating.
Recent Price Action
Viad Corp (NYSE: VVI) stock closed at $30.42 on 11/10/23 after an increase of 1.8%. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.6% during the last week.
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