Extremely important negative changes in investment behavior have recently occurred for Viad Corp (NYSE: VVI): its longer term price trend turned down, and its shorter term price trend turned down.
Notable negative changes in fundamentals have recently occurred for Viad Corp (NYSE: VVI). Negative developments: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VVI is expected to continue to be a major Value Builder.
Viad has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Viad has a neutral Appreciation Score of 47 but a poor Power Rating of 26, leading to the Negative Value Trend Rating.
Recent Price Action
Viad Corp (NYSE: VVI) stock closed at $31.40 on 9/9/24 after a decline of -3.0%. However, trading volume in this decline was below average at 67% of normal. The stock has declined -8.5% during the last week and has performed in line with the market over the last nine months.
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