Alert: Rating Upgrade (12/15/23)-IES Holdings Inc (NASDAQ: IESC).


Stock Rating Upgrade

The Value Trend Rating for IES Holdings Inc (NASDAQ: IESC) rose significantly in recent days from C to A reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.


Recent Price Action

IES Holdings Inc (NASDAQ: IESC) stock declined by -2.3% on 12/15/23. The shares closed at $83.91. Moreover, trading volume in this decline was exceptionally high at 244% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, IESC is expected to continue to be a Value Builder.

IES Holdings has a current Value Trend Rating of A (Highest Rating). This VT Rating rose significantly in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. IES Holdings has a neutral Appreciation Score of 51 but a very high Power Rating of 99, triggering the Highest Value Trend Rating.

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