Stock Rating Upgrade
The Value Trend Rating for UNIFI INC. (NYSE: UFI) improved recently 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
UNIFI INC. (NYSE: UFI) stock declined slightly by -0.7% on 6/21/24. The stock closed at $5.62. Moreover, trading volume in this decline was above average at 136% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.4% 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 82 but a very low Power Rating of 6, producing the Low Neutral Value Trend Rating.
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