Flexsteel Industries Inc (NASDAQ: FLXS) stock closed at $55.10 on 10/22/24 after a major increase of 29.3%. Moreover, exceptionally high trading volume at 729% of normal accompanied the advance. The stock has risen 31.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FLXS is expected to be a modest Value Builder.
Flexsteel Industries has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Flexsteel Industries has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 68, resulting in the High Neutral Value Trend Rating.
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.
Be the first to comment