Alico Inc (NASDAQ: ALCO) has reported E.P.S. of $-0.27 for its third fiscal quarter (ending June 30) versus $1.56 for the same period a year ago — a decline of -117%. This performance was $-0.01 short of the consensus estimate of $-0.26. For the latest four quarters through June 30, E.P.S. were $3.41 versus $-2.66 for the same period a year ago.
Recent Price Action
Alico Inc (NASDAQ: ALCO) stock declined by -4.1% on 8/5/24. The shares closed at $27.43. Moreover, this decline was accompanied by unusually high trading volume at 163% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, ALCO is expected to continue to be Value Creation neutral.
Alico has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Alico has a slightly negative Appreciation Score of 39 and a poor Power Rating of 25, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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