Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) improved during the last several trading days. IESC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
IES Holdings Inc (NASDAQ: IESC) stock declined slightly by -0.8% on 5/20/24. The stock closed at $158.68. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -13.0% during the last week.
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 B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 24 but a very high Power Rating of 99, and the Positive Value Trend Rating results.
Be the first to comment