Alert: New Earnings Report (4/10/24)-Pure Cycle Corp (NASDAQ: PCYO).

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Pure Cycle Corp (NASDAQ: PCYO) has reported E.P.S. of $0.00 for its second fiscal quarter (ending February 28) versus $0.01 for the same period a year ago — a decline of -100%. For the latest four quarters through February 28, E.P.S. were $0.27 versus $0.27 for the same period a year ago — flat performance.

Recent Price Action

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On 4/10/24, Pure Cycle Corp (NASDAQ: PCYO) stock declined modestly by -1.9%, closing at $9.51. Moreover, exceptionally high trading volume at 213% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 1.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, PCYO is expected to continue to be Value Creation neutral.

Pure Cycle has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pure Cycle has a poor Power Rating of 23 and a very low Appreciation Score of 13, with the Lowest Value Trend Rating the result.

Rating Review

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

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