Recent important positive changes in fundamentals have benefitted Otter Tail Corp (NASDAQ: OTTR): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Important positive changes in Otter Tail Corp (NASDAQ: OTTR) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, OTTR is expected to continue to be a Value Builder.
Otter Tail has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Otter Tail has a slightly negative Appreciation Score of 35 but a good Power Rating of 75, leading to the Neutral Value Trend Rating.
Recent Price Action
Otter Tail Corp (NASDAQ: OTTR) stock increased 1.4% on 2/28/24. The shares closed at $88.80. However, unusually low trading volume at 64% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
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