Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Seaboard Corp (NYSEAMERICAN: SEB) improved of late. SEB’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
Seaboard Corp (NYSEAMERICAN: SEB) stock rose slightly by 0.06% on 8/9/24. The stock closed at $3099.99. Moreover, above average trading volume at 122% of normal accompanied the advance. The stock has declined -3.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SEB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Seaboard 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. Seaboard has a very high Appreciation Score of 86 but a slightly negative Power Rating of 38, producing the Positive Value Trend Rating.
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