For its fourth fiscal quarter (ending May 31), Applied Digital Corp (NASDAQ: APLD) has reported E.P.S. of $-0.52 compared to $-0.07 a year ago. For the latest four quarters through May 31, E.P.S. were $-1.31 compared to $-0.49 a year ago.
Recent Price Action
Applied Digital Corp (NASDAQ: APLD) stock closed at $4.41 on 8/28/24 after a large decline of -6.8%. This decline was accompanied by normal trading volume. The stock has risen 9.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be below the cost of capital, APLD is expected to continue to be a modest Value Eraser.
Applied Digital has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Applied Digital has a very low Appreciation Score of 13 and a very low Power Rating of 7, resulting in the Lowest Value Trend Rating.
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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