Alert: Rating Upgrade (12/1/23)-Geospace Technologies Corp (NASDAQ: GEOS).


Stock Rating Upgrade

The Value Trend Rating for Geospace Technologies Corp (NASDAQ: GEOS) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.


Recent Price Action

Geospace Technologies Corp (NASDAQ: GEOS) stock increased 1.6% on 12/1/23. The shares closed at $12.11. This advance was accompanied by normal trading volume. The stock is unchanged during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GEOS is expected to be a modest Value Builder.

Geospace Technologies has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Geospace Technologies has a slightly negative Appreciation Score of 36 but a very high Power Rating of 93, producing the Positive Value Trend Rating.

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