Alert: New Earnings Report (3/18/24)-RF Industries Ltd (NASDAQ: RFIL).

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For its first fiscal quarter (ending January 31), RF Industries Ltd (NASDAQ: RFIL) has reported E.P.S. of $-0.13 compared to $-0.11 a year ago. For the latest four quarters through January 31, E.P.S. were $-0.31 versus $0.06 for the same period a year ago.

Recent Price Action

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RF Industries Ltd (NASDAQ: RFIL) stock closed at $3.02 on 3/18/24 after a decline of -2.3%. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -5.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, RFIL is expected to continue to be a modest Value Eraser.

RF Industries has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. RF Industries has a slightly negative Appreciation Score of 40 and a very low Power Rating of 13, and the Lowest Value Trend Rating results.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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