Alert: New Earnings Report (4/3/24)-Simulations Plus Inc (NASDAQ: SLP).

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Simulations Plus Inc (NASDAQ: SLP) has reported earnings for its second fiscal quarter (ending February 28) of $0.20 versus $0.21 for the same period a year ago — a decline of -5%. For the latest four quarters through February 28, E.P.S. were $0.53 compared to $0.52 a year ago — an increase of 2%.

Recent Price Action

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Simulations Plus Inc (NASDAQ: SLP) stock closed at $38.46 on 4/3/24 after a slight decline of -0.4%. Moreover, exceptionally high trading volume at 229% of normal accompanied the decline. The stock has declined -7.6% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

SLP is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Simulations Plus has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Simulations Plus has a slightly negative Power Rating of 35 and a very low Appreciation Score of 6, with the Lowest Value Trend Rating the result.

Rating Review

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

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