Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Park Ohio Holdings Corp. (NASDAQ: PKOH) weakened of late. PKOH’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
Park Ohio Holdings Corp. (NASDAQ: PKOH) stock closed at $32.47 on 11/8/24 after an increase of 1.5%. Trading volume in this advance was normal. Relative to the market the stock has been strong over the last nine months and has risen 14.1% during the last week.
Current PriceTarget Research Rating
PKOH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Park Ohio Holdings has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Park Ohio Holdings has a neutral Appreciation Score of 48 but a good Power Rating of 72, producing the High Neutral Value Trend Rating.
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