On 3/28/24, Lee Enterprises Inc (NASDAQ: LEE) stock suffered a major decline of -12.9%, closing at $13.33. However, this decline was accompanied by exceptionally low trading volume at 42% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.8% during the last week.
Current PriceTarget Research Rating
LEE’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.
Lee Enterprises has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Lee Enterprises has a slightly negative Power Rating of 33 and a very low Appreciation Score of 4, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment