Alert: Negative Investment/Fundamental Signals (8/5/24)-Azenta Inc (NASDAQ: AZTA)

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Significant negative changes in Azenta Inc (NASDAQ: AZTA) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for September, 2025 decreased significantly.

Significant negative changes in investment behavior have recently occurred for Azenta Inc (NASDAQ: AZTA): the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

AZTA’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.

Azenta has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Azenta has a slightly negative Appreciation Score of 39 and a slightly negative Power Rating of 33, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Azenta Inc (NASDAQ: AZTA) stock closed at $55.88 on 8/5/24 after a modest decline of -1.5%. Trading volume in this decline was normal. The stock has declined -7.2% during the last week and has been weak relative to the market over the last nine months.

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