Alert: Rating Downgrade (8/1/24)-Star Group LP (NYSE: SGU).

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Stock Rating Downgrade

In the last week the Value Trend Rating for Star Group LP (NYSE: SGU) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

Star Group LP (NYSE: SGU) stock declined by -2.9% on 8/1/24. The shares closed at $10.74. However, exceptionally low trading volume at 34% of normal accompanied the decline. The stock has declined -2.9% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, SGU is expected to continue to be a modest Value Builder.

Star Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Star Group has a neutral Appreciation Score of 57 but a poor Power Rating of 20, with the Negative Value Trend Rating the result.

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