Park Ohio Holdings Corp. (NASDAQ: PKOH) stock closed at $27.85 on 11/2/23 after a major increase of 21.3%. The stock has been exceptionally strong relative to the market over the last nine months and has risen 23.3% during the last week.
Current PriceTarget Research Rating
PKOH’s future returns on capital are forecasted to be above 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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Park Ohio Holdings has a neutral Appreciation Score of 48 but a very high Power Rating of 96, triggering the Highest Value Trend Rating.
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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