Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for HNI Corp (NYSE: HNI) weakened of late. HNI’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
HNI Corp (NYSE: HNI) stock rose modestly by 0.9% on 1/17/25. The stock closed at $50.85. However, trading volume in this advance was below average at 67% of normal. The stock has been strong relative to the market over the last nine months and has risen 6.3% during the last week.
Current PriceTarget Research Rating
HNI 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 inconsistent signals. HNI has a neutral Appreciation Score of 41 but a good Power Rating of 83, producing the High Neutral Value Trend Rating.
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