Stock Rating Downgrade
The Value Trend Rating for PerkinElmer Inc. (NYSE: RVTY) weakened during the last several trading days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
PerkinElmer Inc. (NYSE: RVTY) stock closed at $118.86 on 2/7/25 after a slight decline of -0.3%. NORMAL trading volume accompanied the decline. The stock has declined -6.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
PerkinElmer has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. PerkinElmer has a neutral Appreciation Score of 41 and a neutral Power Rating of 54, and the Low Neutral Value Trend Rating results.
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