Stock Rating Downgrade
The Value Trend Rating for UNIFI INC. (NYSE: UFI) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/1/24, UNIFI INC. (NYSE: UFI) stock declined by -2.3%, closing at $5.83. However, this decline was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.7% during the last week.
Current PriceTarget Research Rating
UFI’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.
UNIFI INC has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. UNIFI INC has a good Appreciation Score of 81 but a very low Power Rating of 5, and the Negative Value Trend Rating results.
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