Alert: Positive Investment/Fundamental Signals (5/7/20)-IEC Electronics Corp (NASDAQ: IEC)


Extremely significant positive changes in IEC Electronics Corp (NASDAQ: IEC) investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

IEC Electronics Corp (NASDAQ: IEC) has benefited from significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

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

IEC Electronics has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. IEC Electronics has a neutral Appreciation Score of 48 but a very high Power Rating of 86, resulting in the Highest Value Trend Rating.

Recent Price Action

IEC Electronics Corp (NASDAQ: IEC) stock closed at $7.95 on 5/7/20 after a modest decline of -0.4%. However, below average trading volume at 81% of normal accompanied the decline. The stock has risen 8.0% during the last week and has been exceptionally strong relative to the market over the last nine months.

About John Lafferty 79010 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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