For its second fiscal quarter (ending June 30), Delcath Systems Inc (NASDAQ: DCTH) has reported E.P.S. of $-0.48 compared to $-0.58 a year ago. Relative to the consensus estimate of $-0.34, this was a shortfall of $-0.14. For the latest four quarters through June 30, E.P.S. were $-2.55 compared to $-3.17 a year ago.
Recent Price Action
Delcath Systems Inc (NASDAQ: DCTH) stock enjoyed a large increase of 2.5% on 8/5/24. The stock closed at $8.32. Moreover, unusually high trading volume at 175% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DCTH is expected to continue to be Value Creation neutral.
Delcath Systems has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Delcath Systems has a good Appreciation Score of 80 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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