Sono-Tek Corp (NASDAQ: SOTK) has reported earnings for its first fiscal quarter (ending May 31) of $0.02 versus $0.00 for the same period a year ago. This performance was $0.01 better than the consensus estimate of $0.01. For the latest four quarters through May 31, E.P.S. were $0.10 compared to $0.02 a year ago — an increase of 400%.
Recent Price Action
On 7/11/24, Sono-Tek Corp (NASDAQ: SOTK) stock enjoyed a very large increase of 5.1%, closing at $4.10. Moreover, exceptionally high trading volume at 338% of normal accompanied the advance. The stock has risen 1.5% during the last week but has been weak relative to the market over the last nine months.
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 consistent signals. Sono-Tek has a poor Power Rating of 19 and a very low Appreciation Score of 8, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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