Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for CME Group Inc (NASDAQ: CME) weakened of late. CME’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/24/24, CME Group Inc (NASDAQ: CME) stock increased 1.3%, closing at $214.92. However, this advance was accompanied by below average trading volume at 69% of normal. The stock has performed in line with the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
CME’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CME Group has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. CME Group has a poor Appreciation Score of 27 but a neutral Power Rating of 58, triggering the Negative Value Trend Rating.
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