For its second fiscal quarter (ending December 31), Hollysys Automation Technologies (NASDAQ: HOLI) has reported E.P.S. of $0.23 compared to $0.79 a year ago. For the latest four quarters through December 31, E.P.S. were $1.35 compared to $1.77 a year ago.
Recent Price Action
Hollysys Automation Technologies (NASDAQ: HOLI) stock rose slightly by 0.2% on 3/7/24. The stock closed at $25.87. However, this advance was accompanied by exceptionally low trading volume at 21% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
HOLI is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Hollysys Automation Technologies has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hollysys Automation Technologies has a neutral Appreciation Score of 59 but a very high Power Rating of 98, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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