Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for KVH Industries Inc (NASDAQ: KVHI) improved during the last several trading days. KVHI’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
KVH Industries Inc (NASDAQ: KVHI) stock was unchanged 0.0% on 11/8/24. The shares closed at $4.51. Moreover, this flat performance was accompanied by unusually high trading volume at 162% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.6% during the last week.
Current PriceTarget Research Rating
KVHI is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
KVH Industries has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. KVH Industries has a neutral Appreciation Score of 53 and a slightly negative Power Rating of 40, producing the Low Neutral Value Trend Rating.
Be the first to comment