IES Holdings Inc (NASDAQ: IESC) has reported E.P.S. of $1.68 for its fourth fiscal quarter (ending September 30) versus $0.73 for the same period a year ago — an increase of 130%. E.P.S. were $4.58 for the latest four quarters through September 30 versus $1.45 for the same period a year ago — an increase of 216%.
Recent Price Action
IES Holdings Inc (NASDAQ: IESC) stock enjoyed a large increase of 4.9% on 12/7/23. The stock closed at $74.70. Moreover, exceptionally high trading volume at 329% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, IESC is expected to continue to be Value Creation neutral.
IES Holdings 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 very contradictory signals. IES Holdings has a very low Appreciation Score of 8 but a very high Power Rating of 99, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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