RCI Hospitality Holdings Inc (NASDAQ: RICK) suffers from notable negative changes in fundamentals: significant quarterly sales deceleration occurred, the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected RCI Hospitality Holdings Inc (NASDAQ: RICK): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RICK is expected to continue to be a Value Builder.
RCI Hospitality Holdings has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. RCI Hospitality Holdings has a good Appreciation Score of 71 but a poor Power Rating of 18, and the Low Neutral Value Trend Rating results.
Recent Price Action
RCI Hospitality Holdings Inc (NASDAQ: RICK) stock closed at $45.23 on 6/7/24 after being unchanged was unchanged. However, unusually low trading volume at 65% of normal accompanied the flat performance. The stock has risen 5.2% during the last week but has been weak relative to the market over the last nine months.
Be the first to comment