Vericel Corp (NASDAQ: VCEL) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.27 versus $0.13 for the same period a year ago — an increase of 108%. This result exceeded the consensus estimate of $0.17 by $0.10. For the latest four quarters through December 31, E.P.S. were $-0.07 versus $-0.35 for the same period a year ago.
Recent Price Action
On 2/29/24, Vericel Corp (NASDAQ: VCEL) stock declined by -4.4%, closing at $45.68. Moreover, unusually high trading volume at 150% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.1% during the last week.
Current PriceTarget Research Rating
VCEL is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Vericel has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Vericel has a very low Appreciation Score of 2 but a good Power Rating of 79, with the Negative Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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