Stock Rating Downgrade
In recent days the Value Trend Rating for Lifetime Brands Inc (NASDAQ: LCUT) fell significantly from A to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Lifetime Brands Inc (NASDAQ: LCUT) stock closed at $6.80 on 9/13/24 after a large increase of 2.3%. This advance was accompanied by normal trading volume. The stock has risen 1.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LCUT is expected to be a Value Builder.
Lifetime Brands has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lifetime Brands has a good Appreciation Score of 75 but a neutral Power Rating of 43, producing the High Neutral Value Trend Rating.
Be the first to comment