For its third fiscal quarter (ending September 30), Balchem Corp (NASDAQ: BCPC) has reported a 13% increase in E.P.S. from $0.91 a year ago to $1.03 in the current quarter. For the latest four quarters through September 30, E.P.S. were $3.73 versus $3.22 for the same period a year ago — an increase of 16%.
Recent Price Action
Balchem Corp (NASDAQ: BCPC) stock enjoyed a large increase of 3.2% on 10/25/24. The stock closed at $171.46. Moreover, trading volume in this advance was unusually high at 183% of normal. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
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 19 but a good Power Rating of 76, producing the Low Neutral Value Trend Rating.
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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