On 11/8/24, Ubiquiti Inc (NYSE: UI) stock enjoyed a major increase of 19.8%, closing at $312.91. Moreover, exceptionally high trading volume at 309% of normal accompanied the advance. The stock has risen 17.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
UI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.
Ubiquiti has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Ubiquiti has a very high Appreciation Score of 86 and a very high Power Rating of 95, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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