Stock Rating Downgrade
In the last week the Value Trend Rating for Harsco Corp (NYSE: HSC) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Harsco Corp (NYSE: HSC) stock closed at $8.26 on 3/1/24 after a very large increase of 5.1%. Trading volume in this advance was normal. The stock has risen 5.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HSC is expected to be a modest Value Builder.
Harsco 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 highly consistent signals. Harsco has a neutral Power Rating of 43 and a slightly negative Appreciation Score of 39, leading to the Negative Value Trend Rating.
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