Stock Rating Upgrade
The Value Trend Rating for Broadwind Inc (NASDAQ: BWEN) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 8/1/24, Broadwind Inc (NASDAQ: BWEN) stock declined by -2.5%, closing at $3.18. However, this decline was accompanied by exceptionally low trading volume at 39% of normal. The stock has declined -0.9% during the last week but has been exceptionally strong 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, BWEN is expected to continue to be a modest Value Builder.
Broadwind has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Broadwind has a neutral Appreciation Score of 46 but a good Power Rating of 85, producing the Positive Value Trend Rating.
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