Stock Rating Downgrade
The Value Trend Rating for HCI Group Inc (NYSE: HCI) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
HCI Group Inc (NYSE: HCI) stock closed at $105.04 on 9/20/24 after a slight decline of -0.8%. Moreover, trading volume in this decline was exceptionally high at 375% of normal. The stock has risen 8.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
HCI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
HCI Group 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 consistent signals. HCI Group has a neutral Appreciation Score of 57 and a slightly positive Power Rating of 68, with the High Neutral Value Trend Rating the result.
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