For its first fiscal quarter (ending March 31), Viad Corp (NYSE: VVI) has reported E.P.S. of $-1.29 compared to $-1.10 a year ago. This performance was $-0.45 short of the consensus estimate of $-0.84. E.P.S. were $-0.32 for the latest four quarters through March 31 versus $0.47 for the same period a year ago — a decline of -168%.
Recent Price Action
On 5/2/24, Viad Corp (NYSE: VVI) stock enjoyed a large increase of 3.0%, closing at $35.29. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VVI is expected to continue to be a major Value Builder.
Viad has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Viad has a neutral Appreciation Score of 60 but a very high Power Rating of 86, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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