For its fourth fiscal quarter (ending September 30), CSP Inc (NASDAQ: CSPI) has reported a -3% decline in E.P.S. from $0.31 a year ago to $0.30 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.11 compared to $0.42 a year ago — an increase of 164%.
Recent Price Action
CSP Inc (NASDAQ: CSPI) stock closed at $17.90 on 12/12/23 after a major decline of -20.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 783% of normal. The stock has declined -29.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CSPI is expected to continue to be Value Creation neutral.
CSP has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CSP has a very low Appreciation Score of 8 but a very high Power Rating of 94, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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