Simulations Plus Inc (NASDAQ: SLP) has reported E.P.S. of $0.10 for its first fiscal quarter (ending November 30) versus $0.06 for the same period a year ago — an increase of 67%. However, this performance was $-0.01 short of the consensus estimate of $0.11. E.P.S. were $0.54 for the latest four quarters through November 30 versus $0.53 for the same period a year ago — an increase of 2%.
Recent Price Action
Simulations Plus Inc (NASDAQ: SLP) stock declined by -3.4% on 1/3/24. The shares closed at $43.18. Moreover, exceptionally high trading volume at 223% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SLP is expected to continue to be Value Creation neutral.
Simulations Plus has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Simulations Plus has a neutral Power Rating of 48 but a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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