TAT Technologies (NASDAQ:TATT) Lifted to Buy at StockNews.com

Posted by Dante Gardener on Oct 6th, 2024

StockNews.com upgraded shares of TAT Technologies (NASDAQ:TATT – Free Report) from a hold rating to a buy rating in a report released on Wednesday morning.

TAT Technologies Stock Up 0.1 %

Shares of NASDAQ:TATT opened at $17.36 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.60 and a quick ratio of 1.09. The company has a market cap of $175.39 million, a PE ratio of 28.00 and a beta of 0.88. The stock’s 50-day moving average is $16.00 and its 200 day moving average is $14.27. TAT Technologies has a 1 year low of $6.99 and a 1 year high of $18.90.

TAT Technologies (NASDAQ:TATT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The aerospace company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $36.53 million during the quarter. TAT Technologies had a return on equity of 8.09% and a net margin of 5.49%.

Institutional Investors Weigh In On TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd purchased a new position in TAT Technologies Ltd. (NASDAQ:TATT – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned about 0.87% of TAT Technologies as of its most recent SEC filing. Institutional investors own 15.13% of the company’s stock.

TAT Technologies Company Profile

(Get Free Report)

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.