Stock Rating Upgrade
The Value Trend Rating for Biglari Holdings Inc (NYSE: BH) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/18/24, Biglari Holdings Inc (NYSE: BH) stock increased 1.7%, closing at $201.24. Moreover, trading volume in this advance was exceptionally high at 248% of normal. Relative to the market the stock has been weak over the last nine months but has risen 9.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BH is expected to continue to be a major Value Builder.
Biglari Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Biglari Holdings has a very high Appreciation Score of 98 but a poor Power Rating of 30, triggering the Positive Value Trend Rating.
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