Kewaunee Scientific Corp (NASDAQ: KEQU) has reported E.P.S. of $0.94 for its second fiscal quarter (ending October 31) versus $-0.09 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $2.43 versus $-0.95 for the same period a year ago.
Recent Price Action
Kewaunee Scientific Corp (NASDAQ: KEQU) stock enjoyed a large increase of 3.0% on 12/6/23. The stock closed at $17.63. Moreover, trading volume in this advance was exceptionally high at 254% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, KEQU is expected to continue to be a modest Value Eraser.
Kewaunee Scientific has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Kewaunee Scientific has a poor Appreciation Score of 16 but a good Power Rating of 79, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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