Stock Rating Upgrade
The Value Trend Rating for UNIFI INC. (NYSE: UFI) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/3/24, UNIFI INC. (NYSE: UFI) stock suffered a large decline of -5.1%, closing at $5.55. Moreover, this decline was accompanied by above average trading volume at 123% of normal. Relative to the market the stock has been weak over the last nine months and has declined -4.6% during the last week.
Current PriceTarget Research Rating
UFI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
UNIFI INC has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. UNIFI INC has a good Appreciation Score of 84 but a very low Power Rating of 6, with the Low Neutral Value Trend Rating the result.
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