For its second fiscal quarter (ending June 30), Acme United Corp (NYSEAMERICAN: ACU) has reported a 25% increase in E.P.S. from $0.97 a year ago to $1.21 in the current quarter. For the latest four quarters through June 30, E.P.S. were $5.36 versus $1.10 for the same period a year ago — an increase of 387%.
Recent Price Action
Acme United Corp (NYSEAMERICAN: ACU) stock enjoyed a large increase of 3.9% on 7/19/24. The stock closed at $38.48. However, this advance was accompanied by below average trading volume at 70% of normal. The stock has risen 5.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ACU’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Acme United has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Acme United has a neutral Appreciation Score of 59 and a neutral Power Rating of 49, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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