Stock Rating Downgrade
The Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/24/24, IES Holdings Inc (NASDAQ: IESC) stock increased 1.2%, closing at $160.50. Moreover, trading volume in this advance was unusually high at 166% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.0% 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 C (High Neutral). 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 23 but a very high Power Rating of 99, producing the High Neutral Value Trend Rating.
Be the first to comment