Northern Technologies Internatio (NASDAQ: NTIC) has reported E.P.S. of $0.09 for its first fiscal quarter (ending November 30) versus $0.05 for the same period a year ago — an increase of 80%. However, this result fell short of the consensus estimate of $0.18 by $-0.09. For the latest four quarters through November 30, E.P.S. were $0.34 versus $0.25 for the same period a year ago — an increase of 36%.
Recent Price Action
On 1/11/24, Northern Technologies Internatio (NASDAQ: NTIC) stock suffered a large decline of -5.4%, closing at $11.63. Moreover, exceptionally high trading volume at 237% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -2.0% during the last week.
Current PriceTarget Research Rating
NTIC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Northern Technologies Internatio has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northern Technologies Internatio has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 60, triggering the 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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