Key Tronic Corp (NASDAQ: KTCC) has reported earnings for its first fiscal quarter (ending September 30) of $0.10 versus $0.03 for the same period a year ago — an increase of 233%. For the latest four quarters through September 30, E.P.S. were $-0.19 compared to $0.40 a year ago — a decline of -148%.
Recent Price Action
Key Tronic Corp (NASDAQ: KTCC) stock closed at $6.02 on 11/5/24 after a slight decline of -0.2%. Moreover, trading volume in this decline was exceptionally high at 234% of normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, KTCC is expected to be Value Creation neutral.
Key Tronic has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Key Tronic has a slightly positive Appreciation Score of 68 and a good Power Rating of 75, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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