Stock Rating Downgrade
The Value Trend Rating for Adams Resources & Energy Inc. (NYSEAMERICAN: AE) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Adams Resources & Energy Inc. (NYSEAMERICAN: AE) stock declined slightly by -0.2% on 10/25/24. The stock closed at $27.05. However, unusually low trading volume at 52% of normal accompanied the decline. The stock has risen 2.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
AE’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.
Adams Resources & Energy has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Adams Resources & Energy has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 34, and the Negative Value Trend Rating results.
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