Ethan Allen Interiors Inc (NYSE: ETD) stock closed at $29.06 on 4/25/24 after a major decline of -13.0%. Moreover, this decline was accompanied by exceptionally high trading volume at 436% of normal. The stock has performed in line with the market over the last nine months and has declined -6.4% during the last week.
Current PriceTarget Research Rating
ETD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ethan Allen Interiors 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 highly consistent signals. Ethan Allen Interiors has a neutral Appreciation Score of 53 and a neutral Power Rating of 47, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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