Stock Rating Upgrade
The Value Trend Rating for Star Group LP (NYSE: SGU) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Star Group LP (NYSE: SGU) stock increased 1.1% on 5/3/24. The shares closed at $11.39. NORMAL trading volume accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 0.9% during the last week.
Current PriceTarget Research Rating
SGU is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Star Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Star Group has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 35, producing the Low Neutral Value Trend Rating.
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