Gulf Island Fabrication Inc (NASDAQ: GIFI) has reported E.P.S. of $0.12 for its second fiscal quarter (ending June 30) versus $0.07 for the same period a year ago — an increase of 71%. Relative to the consensus estimate of $0.14, this was a shortfall of $-0.02. E.P.S. were $-1.10 for the latest four quarters through June 30 versus $0.19 for the same period a year ago — a decline of -679%.
Recent Price Action
On 8/6/24, Gulf Island Fabrication Inc (NASDAQ: GIFI) stock declined slightly by -0.5%, closing at $6.04. Moreover, unusually high trading volume at 153% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.8% during the last week.
Current PriceTarget Research Rating
GIFI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a Value Builder.
Gulf Island Fabrication has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Gulf Island Fabrication has a slightly negative Appreciation Score of 36 but a very high Power Rating of 86, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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