Rocky Mountain Chocolate Factory (NASDAQ: RMCF) has reported E.P.S. of $-0.12 for its third fiscal quarter (ending November 30) versus $-0.04 for the same period a year ago. E.P.S. were $-0.81 for the latest four quarters through November 30 versus $-0.53 for the same period a year ago.
Recent Price Action
Rocky Mountain Chocolate Factory (NASDAQ: RMCF) stock suffered a large decline of -7.3% on 1/11/24. The stock closed at $4.59. Moreover, trading volume in this decline was exceptionally high at 265% of normal. Relative to the market the stock has been weak over the last nine months and has declined -4.8% during the last week.
Current PriceTarget Research Rating
RMCF’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Rocky Mountain Chocolate Factory 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 consistent signals. Rocky Mountain Chocolate Factory has a poor Power Rating of 29 and a very low Appreciation Score of 7, with the Lowest Value Trend Rating the result.
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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