Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Phibro Animal Health Corp (NASDAQ: PAHC) improved recently. PAHC’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
On 6/7/24, Phibro Animal Health Corp (NASDAQ: PAHC) stock rose slightly by 0.2%, closing at $17.16. However, trading volume in this advance was unusually low at 57% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.6% during the last week.
Current PriceTarget Research Rating
PAHC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Phibro Animal Health has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Phibro Animal Health has a slightly negative Appreciation Score of 40 but a very high Power Rating of 86, triggering the Positive Value Trend Rating.
Be the first to comment