Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) weakened during the last several trading days. IESC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 9/13/24, IES Holdings Inc (NASDAQ: IESC) stock enjoyed a large increase of 2.5%, closing at $161.11. Moreover, trading volume in this advance was above average at 123% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.3% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 26 but a very high Power Rating of 99, resulting in the High Neutral Value Trend Rating.
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