Alert: Rating Downgrade (4/26/24)-Star Group LP (NYSE: SGU).

out_logo_500#25040.jpg

Stock Rating Downgrade

In the last week the Value Trend Rating for Star Group LP (NYSE: SGU) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

out_mm#25040.jpg

Recent Price Action

On 4/26/24, Star Group LP (NYSE: SGU) stock declined modestly by -1.7%, closing at $11.10. Trading volume in this decline was normal. Relative to the market the stock has been weak over the last nine months but has risen 9.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SGU is expected to continue to be a modest Value Builder.

Star Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Star Group has a neutral Appreciation Score of 53 and a slightly negative Power Rating of 34, with the Negative Value Trend Rating the result.

Be the first to comment

Leave a Reply

Your email address will not be published.


*