For its second fiscal quarter (ending June 30), Viad Corp (NYSE: VVI) has reported a 176% increase in E.P.S. from $0.34 a year ago to $0.94 in the current quarter. This performance was $0.20 better than the consensus estimate of $0.74. For the latest four quarters through June 30, E.P.S. were $0.60 versus $0.28 for the same period a year ago — an increase of 114%.
Recent Price Action
Viad Corp (NYSE: VVI) stock increased 1.3% on 8/6/24. The shares closed at $30.86. Moreover, unusually high trading volume at 155% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -9.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VVI is expected to continue to be a major Value Builder.
Viad has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Viad has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 32, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment