Alert: New Earnings Report (10/15/24)-Sono-Tek Corp (NASDAQ: SOTK).

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Sono-Tek Corp (NASDAQ: SOTK) has reported earnings for its second fiscal quarter (ending August 31) of $0.02 versus $0.03 for the same period a year ago — a decline of -33%. For the latest four quarters through August 31, E.P.S. were $0.09 compared to $0.05 a year ago — an increase of 80%.

Recent Price Action

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Sono-Tek Corp (NASDAQ: SOTK) stock enjoyed a large increase of 3.9% on 10/15/24. The stock closed at $4.48. Moreover, trading volume in this advance was exceptionally high at 387% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.2% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, SOTK is expected to continue to be Value Creation neutral.

Sono-Tek has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sono-Tek has a very low Appreciation Score of 9 and a very low Power Rating of 5, triggering 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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