Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Gulf Island Fabrication Inc (NASDAQ: GIFI) weakened during the last several trading days. GIFI’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Gulf Island Fabrication Inc (NASDAQ: GIFI) stock closed at $4.04 on 11/10/23 after a very large increase of 5.2%. The stock has declined -1.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
GIFI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Gulf Island Fabrication 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 inconsistent signals. Gulf Island Fabrication has a neutral Power Rating of 46 but a poor Appreciation Score of 29, and the Negative Value Trend Rating results.
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