Sono-Tek Corp (NASDAQ: SOTK) has benefited from extremely meaningful positive changes in fundamentals: the consensus estimate for February, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for February, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SOTK is expected to continue to be Value Creation neutral.
Sono-Tek has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Sono-Tek has a slightly negative Power Rating of 31 and a very low Appreciation Score of 8, producing the Lowest Value Trend Rating.
Recent Price Action
Sono-Tek Corp (NASDAQ: SOTK) stock declined modestly by -1.3% on 6/14/24. The stock closed at $4.29. Moreover, unusually high trading volume at 152% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -4.4% during the last week.
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