Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Encore Capital Group Inc (NASDAQ: ECPG) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 9/13/24, Encore Capital Group Inc (NASDAQ: ECPG) stock enjoyed a very large increase of 5.0%, closing at $48.18. Moreover, this advance was accompanied by unusually high trading volume at 174% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.8% during the last week.
Current PriceTarget Research Rating
ECPG’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Encore Capital Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Encore Capital Group has a good Appreciation Score of 81 but a slightly negative Power Rating of 36, with the High Neutral Value Trend Rating the result.
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