Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) improved of late. 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 closed at $152.45 on 5/31/24 after a modest decline of -1.4%. NORMAL trading volume accompanied the decline. The stock has declined -4.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
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. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 24 but a very high Power Rating of 99, with the Positive Value Trend Rating the result.
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