For its third fiscal quarter (ending October 31), AstroNova Inc (NASDAQ: ALOT) has reported a 825% increase in E.P.S. from $0.04 a year ago to $0.37 in the current quarter. For the latest four quarters through October 31, E.P.S. were $0.46 compared to $0.08 a year ago — an increase of 475%.
Recent Price Action
AstroNova Inc (NASDAQ: ALOT) stock enjoyed a very large increase of 8.3% on 12/6/23. The shares closed at $15.16. Moreover, exceptionally high trading volume at 759% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 8.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ALOT is expected to be Value Creation neutral.
AstroNova has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AstroNova has a poor Appreciation Score of 19 but a neutral Power Rating of 60, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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