Alert: Negative Investment/Fundamental Signals (12/1/23)-Adams Resources & Energy Inc. (NYSEAMERICAN: AE)


Adams Resources & Energy Inc. (NYSEAMERICAN: AE) has recently experienced meaningful negative changes in investment behavior: negative upside/downside volume developed.

Recent notable negative changes in fundamentals have affected Adams Resources & Energy Inc. (NYSEAMERICAN: AE): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

AE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Adams Resources & Energy has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Adams Resources & Energy has a slightly negative Appreciation Score of 39 and a slightly negative Power Rating of 31, leading to the Negative Value Trend Rating.

Recent Price Action

On 12/1/23, Adams Resources & Energy Inc. (NYSEAMERICAN: AE) stock enjoyed a large increase of 2.5%, closing at $28.70. However, exceptionally low trading volume at 48% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and is unchanged during the last week.

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