For its second fiscal quarter (ending June 30), Balchem Corp (NASDAQ: BCPC) has reported E.P.S. of $0.99 compared to $0.94 a year ago. For the latest four quarters through June 30, E.P.S. were $3.63 versus $3.11 for the same period a year ago.
Recent Price Action
Balchem Corp (NASDAQ: BCPC) stock closed at $180.78 on 7/26/24 after a large increase of 3.4%. Moreover, above average trading volume at 135% of normal accompanied the advance. The stock has risen 3.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BCPC is expected to continue to be an important Value Builder.
Balchem 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. Balchem has a poor Appreciation Score of 16 but a good Power Rating of 76, producing 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.
Be the first to comment