Stock Rating Upgrade
In the last week the Value Trend Rating for Adams Resources & Energy Inc. (NYSEAMERICAN: AE) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Adams Resources & Energy Inc. (NYSEAMERICAN: AE) stock enjoyed a large increase of 2.1% on 8/9/24. The stock closed at $23.59. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -13.4% during the last week.
Current PriceTarget Research Rating
AE’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.
Adams Resources & Energy has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Adams Resources & Energy has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 40, and the Low Neutral Value Trend Rating results.
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