Stock Rating Downgrade
In the last week the Value Trend Rating for Seaboard Corp (NYSEAMERICAN: SEB) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/24/24, Seaboard Corp (NYSEAMERICAN: SEB) stock declined slightly by -0.1%, closing at $3350.00. However, this decline was accompanied by exceptionally low trading volume at 44% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
SEB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Seaboard has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Seaboard has a good Appreciation Score of 84 but a slightly negative Power Rating of 38, leading to the High Neutral Value Trend Rating.
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