Acme United Corp (NYSEAMERICAN: ACU) has reported E.P.S. of $0.45 for its first fiscal quarter (ending March 31) versus $0.28 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $5.12 compared to $0.91 a year ago.
Recent Price Action
Acme United Corp (NYSEAMERICAN: ACU) stock closed at $38.58 on 4/19/24 after a major decline of -10.3%. This decline was accompanied by normal trading volume. The stock has declined -13.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ACU’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Acme United has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Acme United has a neutral Appreciation Score of 56 but a very high Power Rating of 96, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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