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

TAT Technologies (NASDAQ:TATT) will likely be announcing 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 Price Performance

Shares of NASDAQ:TATT opened at $25.08 on Tuesday. The company has a market cap of $274.38 million, a P/E ratio of 33.89 and a beta of 0.99. The business has a fifty day simple moving average of $27.69 and a 200-day simple moving average of $23.39. TAT Technologies has a 52 week low of $10.61 and a 52 week high of $33.37. The company has a quick ratio of 1.29, a current ratio of 3.04 and a debt-to-equity ratio of 0.10.

Wall Street Analyst Weigh In

TATT has been the subject of several recent analyst reports. StockNews.com cut TAT Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, March 18th. Benchmark assumed coverage on shares of TAT Technologies in a report 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.