CrossAmerica Partners LP (NYSE: CAPL). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
Important negative changes in CrossAmerica Partners LP (NYSE: CAPL) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CAPL is expected to continue to be a major Value Builder.
CrossAmerica Partners has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CrossAmerica Partners has a poor Appreciation Score of 19 but a very high Power Rating of 88, triggering the Neutral Value Trend Rating.
Recent Price Action
CrossAmerica Partners LP (NYSE: CAPL) stock declined slightly by -0.7% on 2/27/24. The stock closed at $21.45. Moreover, exceptionally high trading volume at 202% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.3% during the last week.
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