IES Holdings Inc (NASDAQ: IESC) stock enjoyed a major increase of 10.2% on 8/23/24. The shares closed at $192.43. Moreover, unusually high trading volume at 160% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IESC is expected to continue to be an important Value Builder.
IES Holdings has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. IES Holdings has a poor Appreciation Score of 19 but a very high Power Rating of 99, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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