Stock Rating Downgrade
The Value Trend Rating for Investors Title Co (NASDAQ: ITIC) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Investors Title Co (NASDAQ: ITIC) stock declined slightly by -0.2% on 5/31/24. The stock closed at $184.10. Moreover, trading volume in this decline was exceptionally high at 215% of normal. The stock has risen 16.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ITIC is expected to be Value Creation neutral.
Investors Title has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Investors Title has a poor Appreciation Score of 23 but a slightly positive Power Rating of 62, and the Negative Value Trend Rating results.
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