Stock Rating Downgrade
In the last week the Value Trend Rating for Ares Management Corp (NYSE: ARES) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/8/24, Ares Management Corp (NYSE: ARES) stock rose modestly by 0.7%, closing at $135.16. Moreover, this advance was accompanied by above average trading volume at 120% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.6% during the last week.
Current PriceTarget Research Rating
ARES’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Ares Management has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ares Management has a slightly negative Appreciation Score of 33 but a very high Power Rating of 88, and the High Neutral Value Trend Rating results.
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