Universal Stainless & Alloy Prod (NASDAQ: USAP) has reported E.P.S. of $0.28 for its fourth fiscal quarter (ending December 31) versus $-0.41 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $0.54 compared to $-0.90 a year ago.
Recent Price Action
On 3/28/24, Universal Stainless & Alloy Prod (NASDAQ: USAP) stock suffered a large decline of -8.9%, closing at $22.42. Moreover, trading volume in this decline was exceptionally high at 449% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, USAP is expected to be a modest Value Builder.
Universal Stainless & Alloy Prod has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Universal Stainless & Alloy Prod has a neutral Appreciation Score of 50 but a very high Power Rating of 100, and the Highest Value Trend Rating results.
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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