TAT Technologies (TATT) Expected to Announce Quarterly Earnings on Wednesday

TAT Technologies (NASDAQ:TATT) is anticipated to announce its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $38.00 million for the quarter.

TAT Technologies Stock Up 0.3 %

NASDAQ:TATT opened at $25.08 on Tuesday. TAT Technologies has a twelve month low of $10.61 and a twelve month high of $33.37. The firm has a market capitalization of $274.38 million, a price-to-earnings ratio of 33.89 and a beta of 0.99. The company has a quick ratio of 1.29, a current ratio of 3.04 and a debt-to-equity ratio of 0.10. The stock’s 50 day moving average price is $27.69 and its two-hundred day moving average price is $23.39.

Analysts Set New Price Targets

A number of brokerages have commented on TATT. StockNews.com cut shares of TAT Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Benchmark initiated coverage on shares of TAT Technologies in a research note on Thursday, December 5th. They issued a “buy” rating and a $30.00 target price for the company.

About TAT Technologies

TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components.