Ares Commercial Real Estate Corp (NYSE: ACRE) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and the stock fell on very heavy volume.
Ares Commercial Real Estate Corp (NYSE: ACRE) suffers from small negative changes in fundamentals: significant quarterly earnings deceleration 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
ACRE is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Ares Commercial Real Estate has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ares Commercial Real Estate has a slightly positive Appreciation Score of 65 but a poor Power Rating of 16, triggering the Negative Value Trend Rating.
Recent Price Action
On 9/30/24, Ares Commercial Real Estate Corp (NYSE: ACRE) stock declined by -4.2%, closing at $7.00. Moreover, this decline was accompanied by exceptionally high trading volume at 224% of normal. The stock has declined -5.0% during the last week and has been weak relative to the market over the last nine months.
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