Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Gulf Island Fabrication Inc (NASDAQ: GIFI) improved during the last several trading days. GIFI’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Gulf Island Fabrication Inc (NASDAQ: GIFI) stock was unchanged 0.0% on 6/14/24. The shares closed at $6.21. However, below average trading volume at 70% of normal accompanied the flat performance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.3% during the last week.
Current PriceTarget Research Rating
GIFI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a Value Builder.
Gulf Island Fabrication has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Gulf Island Fabrication has a slightly negative Appreciation Score of 35 but a very high Power Rating of 88, producing the Positive Value Trend Rating.
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