Lee Enterprises Inc (NASDAQ: LEE) stock enjoyed a major increase of 14.4% on 10/21/24. The shares closed at $16.41. Moreover, unusually high trading volume at 164% of normal accompanied the advance. The stock has risen 1.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LEE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Lee Enterprises has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Lee Enterprises has a slightly negative Power Rating of 36 and a very low Appreciation Score of 6, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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