Ethan Allen Interiors Inc (NYSE: ETD) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent marginal negative changes in fundamentals have impacted Ethan Allen Interiors Inc (NYSE: ETD): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ETD is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Ethan Allen Interiors has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ethan Allen Interiors has a neutral Appreciation Score of 51 but a poor Power Rating of 30, triggering the Negative Value Trend Rating.
Recent Price Action
On 10/10/24, Ethan Allen Interiors Inc (NYSE: ETD) stock declined modestly by -1.3%, closing at $29.64. However, this decline was accompanied by unusually low trading volume at 65% of normal. The stock has performed in line with the market over the last nine months and has declined -5.1% during the last week.
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