Alert: Major Price Advance (10/21/24)-Viad Corp (NYSE: VVI).

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On 10/21/24, Viad Corp (NYSE: VVI) stock enjoyed a major increase of 17.5%, closing at $42.05. Moreover, this advance was accompanied by exceptionally high trading volume at 1038% of normal. The stock has performed in line with the market over the last nine months and has risen 17.7% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, VVI is expected to continue to be a major Value Builder.

Viad 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 consistent signals. Viad has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 36, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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