Stock Rating Upgrade
The Value Trend Rating for Seaboard Corp (NYSEAMERICAN: SEB) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/3/24, Seaboard Corp (NYSEAMERICAN: SEB) stock declined modestly by -1.7%, closing at $3220.01. However, trading volume in this decline was unusually low at 65% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
SEB’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.
Seaboard has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Seaboard has a good Appreciation Score of 85 but a slightly negative Power Rating of 40, with the Positive Value Trend Rating the result.
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