Stock Rating Downgrade
During the last several trading days the Value Trend Rating for SJW Group (NYSE: SJW) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
SJW Group (NYSE: SJW) stock increased 1.0% on 5/1/24. The shares closed at $55.02. NORMAL trading volume accompanied the advance. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SJW is expected to continue to be a modest Value Builder.
SJW Group 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 inconsistent signals. SJW Group has a neutral Appreciation Score of 56 but a poor Power Rating of 26, leading to the Negative Value Trend Rating.
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