Mesa Laboratories Inc (NASDAQ: MLAB) has reported E.P.S. of $-47.20 for its fourth fiscal quarter (ending March 31) versus $0.11 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-47.20 versus $0.17 for the same period a year ago.
Recent Price Action
Mesa Laboratories Inc (NASDAQ: MLAB) stock enjoyed a major increase of 13.2% on 6/5/24. The shares closed at $107.20. Moreover, this advance was accompanied by unusually high trading volume at 167% of normal. The stock has performed in line with the market over the last nine months and has declined -6.2% during the last week.
Current PriceTarget Research Rating
MLAB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Mesa Laboratories has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Mesa Laboratories has a neutral Appreciation Score of 56 and a neutral Power Rating of 56, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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