Vericel Corp (NASDAQ: VCEL) has reported E.P.S. of $-0.08 for its first fiscal quarter (ending March 31) versus $-0.16 for the same period a year ago. Relative to the consensus estimate of $-0.04, this was a shortfall of $-0.04. For the latest four quarters through March 31, E.P.S. were $0.00 versus $-0.36 for the same period a year ago.
Recent Price Action
Vericel Corp (NASDAQ: VCEL) stock declined by -3.7% on 5/8/24. The shares closed at $47.69. Moreover, trading volume in this decline was unusually high at 151% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, VCEL is expected to be a modest Value Builder.
Vericel has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Vericel has a very low Appreciation Score of 8 but a very high Power Rating of 90, leading to 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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