Frequency Electronics Inc. (NASDAQ: FEIM) has reported earnings for its fourth fiscal quarter (ending April 30) of $0.28 versus $0.03 for the same period a year ago — an increase of 833%. For the latest four quarters through April 30, E.P.S. were $0.59 compared to $-0.59 a year ago.
Recent Price Action
Frequency Electronics Inc. (NASDAQ: FEIM) stock closed at $10.10 on 7/22/24 after a very large increase of 7.4%. Moreover, trading volume in this advance was exceptionally high at 795% of normal. The stock has risen 10.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
FEIM’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Frequency Electronics 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 inconsistent signals. Frequency Electronics has a neutral Power Rating of 43 but a very low Appreciation Score of 7, and the Lowest Value Trend Rating results.
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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