On 12/14/23, Glaukos Corp (NYSE: GKOS) stock enjoyed a major increase of 25.4%, closing at $75.74. Moreover, trading volume in this advance was exceptionally high at 559% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 21.6% 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, GKOS is expected to continue to be Value Creation neutral.
Glaukos has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Glaukos has a very low Appreciation Score of 6 but a very high Power Rating of 86, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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