IES Holdings Inc (NASDAQ: IESC) has reported E.P.S. of $2.71 for its third fiscal quarter (ending June 30) versus $0.82 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $8.60 compared to $3.64 a year ago.
Recent Price Action
IES Holdings Inc (NASDAQ: IESC) stock enjoyed a very large increase of 7.1% on 8/2/24. The shares closed at $154.96. Moreover, trading volume in this advance was unusually high at 194% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IESC is expected to continue to be an important Value Builder.
IES Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. IES Holdings has a poor Appreciation Score of 24 but a very high Power Rating of 99, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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