Acme United Corp (NYSEAMERICAN: ACU) has reported E.P.S. of $0.60 for its third fiscal quarter (ending September 30) versus $0.60 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $5.36 compared to $1.68 a year ago.
Recent Price Action
On 10/18/24, Acme United Corp (NYSEAMERICAN: ACU) stock suffered a large decline of -5.9%, closing at $41.20. Moreover, trading volume in this decline was exceptionally high at 265% of normal. The stock has declined -3.6% during the last week and 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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Acme United has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 39, and the Low Neutral Value Trend Rating results.
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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