Shares of TAT Technologies Ltd. (NASDAQ:TATT) have received a consensus recommendation of “Moderate Buy” from seven research firms monitoring the company, according to MarketBeat. While one analyst has issued a sell recommendation, six others have advised investors to buy the stock. The average target price for TAT Technologies over the next year stands at $51.33.
A number of firms have recently released reports regarding TAT Technologies. Lake Street Capital initiated coverage on November 14, providing a “buy” rating and setting a price objective of $53.00. Meanwhile, Weiss Ratings reaffirmed their “buy (b)” rating for the stock in a report released on the same day.
In a notable adjustment, Stifel Nicolaus raised its target price from $44.00 to $47.00, maintaining a “buy” rating. Conversely, Truist Financial reduced their price target from $56.00 to $52.00, while also backing a “buy” recommendation. In contrast, Zacks Research downgraded TAT Technologies from a “hold” rating to a “strong sell” rating, reflecting differing perspectives among analysts.
Current Stock Performance and Financial Overview
On Thursday, TAT Technologies opened at $44.66, valuing the firm at approximately $560.93 million. The company has a price-to-earnings (P/E) ratio of 33.58 and a beta of 0.89. Financial ratios indicate a strong liquidity position, with a current ratio of 4.44 and a quick ratio of 2.34. Additionally, TAT Technologies maintains a low debt-to-equity ratio of 0.06.
The stock’s performance has shown notable volatility, with a 1-year low of $22.57 and a 1-year high of $46.45. The 50-day moving average price is $40.54, while the 200-day moving average price is $37.37.
TAT Technologies recently reported its earnings results on November 12. The aerospace firm posted earnings per share (EPS) of $0.37 for the quarter, which fell short of analysts’ expectations of $0.40 by $0.03. Revenue for the quarter was $46.24 million, slightly below the consensus estimate of $46.27 million. The company reported a net margin of 9.08% and a return on equity of 11.10%.
Company Profile and Market Position
TAT Technologies Ltd. is a prominent global provider of environmental control and thermal management solutions for the aerospace sector. The company specializes in designing, manufacturing, and supporting aircraft environmental control systems (ECS), heat exchangers, and related components.
Its diverse product portfolio caters to both commercial and military airframers, engine manufacturers, and airlines. TAT Technologies offers essential systems that regulate cabin pressure, temperature, and ventilation in fixed-wing and rotary aircraft. Key products include air cycle machines, preconditioned air units, steam/water separators, and specialty heat exchangers, all designed to comply with stringent aerospace standards.
As the aerospace industry continues to evolve, TAT Technologies remains a critical player, focusing on innovation and quality in its offerings. Investors are closely watching the company’s performance against the backdrop of recent analyst activity and market fluctuations.
