Alert: Major Price Decline (5/13/24)-IES Holdings Inc (NASDAQ: IESC).

out_logo_500#27154.jpg

IES Holdings Inc (NASDAQ: IESC) stock closed at $162.95 on 5/13/24 after a major decline of -10.6%. Moreover, trading volume in this decline was exceptionally high at 220% of normal. The stock has risen 1.0% during the last week and has been exceptionally strong relative to the market over the last nine months.

out_mm#27154.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, IESC is expected to continue to be an important Value Builder.

IES Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 19 but a very high Power Rating of 99, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*