Stock Rating Downgrade
During the last several trading days the Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
IES Holdings Inc (NASDAQ: IESC) stock closed at $164.01 on 8/9/24 after a modest decline of -1.4%. However, below average trading volume at 67% of normal accompanied the decline. The stock has risen 13.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IESC is expected to continue to be an important Value Builder.
IES Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 22 but a very high Power Rating of 99, triggering the High Neutral Value Trend Rating.
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