Alert: New Earnings Report (11/16/23)-Geospace Technologies Corp (NASDAQ: GEOS).


Geospace Technologies Corp (NASDAQ: GEOS) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.34 versus a loss $-0.62 for the same period a year ago. E.P.S. were $0.93 for the latest four quarters through September 30 versus $-1.76 for the same period a year ago.


Recent Price Action

Geospace Technologies Corp (NASDAQ: GEOS) stock suffered a large decline of -2.2% on 11/16/23. The stock closed at $11.77. The stock has risen 5.2% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

GEOS’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Geospace Technologies has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Geospace Technologies has a very low Appreciation Score of 14 but a very high Power Rating of 93, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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