Stock Rating Downgrade
The Value Trend Rating for Star Group LP (NYSE: SGU) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Star Group LP (NYSE: SGU) stock closed at $10.96 on 6/7/24 after a slight decline of -0.9%. However, this decline was accompanied by exceptionally low trading volume at 48% of normal. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Star Group has a neutral Appreciation Score of 55 but a poor Power Rating of 28, and the Negative Value Trend Rating results.
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