For its second fiscal quarter (ending June 30), TAT Technologies Ltd (NASDAQ: TATT) has reported E.P.S. of $0.26 compared to $0.16 a year ago. For the latest four quarters through June 30, E.P.S. were $0.74 compared to $0.25 a year ago.
Recent Price Action
TAT Technologies Ltd (NASDAQ: TATT) stock closed at $15.35 on 8/28/24 after a decline of -3.3%. Moreover, this decline was accompanied by above average trading volume at 126% of normal. The stock has risen 3.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TATT is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
TAT Technologies has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TAT Technologies has a poor Appreciation Score of 21 but a very high Power Rating of 93, with the High Neutral Value Trend Rating the result.
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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