On 12/7/23, Star Group LP (NYSE: SGU) stock enjoyed a major increase of 13.2%, closing at $13.75. Moreover, trading volume in this advance was unusually high at 183% of normal. The stock has performed in line with the market over the last nine months and has risen 10.3% during the last week.
Current PriceTarget Research Rating
SGU’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Star Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Star Group has a neutral Appreciation Score of 50 and a neutral Power Rating of 52, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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