Azenta Inc (NASDAQ: AZTA) has reported E.P.S. of $0.05 for its fourth fiscal quarter (ending September 30) versus $-0.07 for the same period a year ago. This performance was $0.03 better than the consensus estimate of $0.02. E.P.S. were $-0.19 for the latest four quarters through September 30 versus $-0.15 for the same period a year ago.
Recent Price Action
Azenta Inc (NASDAQ: AZTA) stock rose modestly by 0.6% on 11/13/23. The stock closed at $47.81. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AZTA is expected to continue to be Value Creation neutral.
Azenta has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Azenta has a neutral Appreciation Score of 49 but a good Power Rating of 82, 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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