Mesa Laboratories Inc (NASDAQ: MLAB) stock closed at $93.58 on 11/14/23 after a major increase of 10.7%. The stock has risen 1.8% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MLAB’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.
Mesa Laboratories 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. Mesa Laboratories has a neutral Appreciation Score of 53 but a very low Power Rating of 13, resulting in the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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