Artivion Inc (NYSE: AORT) has reported earnings for its first fiscal quarter (ending March 31) of $0.18 versus a loss $-0.33 for the same period a year ago. This result exceeded the consensus estimate of $0.07 by $0.11. For the latest four quarters through March 31, E.P.S. were $-0.24 versus $-0.73 for the same period a year ago.
Recent Price Action
Artivion Inc (NYSE: AORT) stock rose modestly by 0.7% on 5/6/24. The stock closed at $21.07. However, below average trading volume at 76% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.4% during the last week.
Current PriceTarget Research Rating
AORT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Artivion has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Artivion has a very low Appreciation Score of 13 but a good Power Rating of 80, triggering the Low 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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