Stock Rating Downgrade
The Value Trend Rating for Silvercrest Asset Management Gro (NASDAQ: SAMG) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Silvercrest Asset Management Gro (NASDAQ: SAMG) stock enjoyed a large increase of 3.4% on 3/18/24. The stock closed at $15.31. However, below average trading volume at 81% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and has declined -3.8% during the last week.
Current PriceTarget Research Rating
SAMG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Silvercrest Asset Management Gro has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Silvercrest Asset Management Gro has a neutral Power Rating of 47 and a slightly negative Appreciation Score of 34, and the Negative Value Trend Rating results.
Be the first to comment