There's Reason For Concern Over TAT Technologies Ltd.'s (NASDAQ:TATT) Massive 28% Price Jump

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There's Reason For Concern Over TAT Technologies Ltd.'s (NASDAQ:TATT) Massive 28% Price Jump

Simply Wall St.09-02

TAT Technologies Ltd. (NASDAQ:TATT) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness. The last month tops off a...

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The last month tops off a...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-tatt/tat-technologies/news/theres-reason-for-concern-over-tat-technologies-ltds-nasdaqt\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>There's Reason For Concern Over TAT Technologies Ltd.'s (NASDAQ:TATT) Massive 28% Price Jump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThere's Reason For Concern Over TAT Technologies Ltd.'s (NASDAQ:TATT) Massive 28% Price Jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-02 20:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/capital-goods/nasdaq-tatt/tat-technologies/news/theres-reason-for-concern-over-tat-technologies-ltds-nasdaqt><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TAT Technologies Ltd. (NASDAQ:TATT) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness.    The last month tops off a...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-tatt/tat-technologies/news/theres-reason-for-concern-over-tat-technologies-ltds-nasdaqt\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://simplywall.st/stocks/us/capital-goods/nasdaq-tatt/tat-technologies/news/theres-reason-for-concern-over-tat-technologies-ltds-nasdaqt","article_id":"2464855334","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3021000-choice2-main-header/1585186565541"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2464855334","pubTimestamp":1725281266,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"TAT Technologies Ltd. ( NASDAQ:TATT ) shareholders would be excited to see that the share price has had a great month...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","TAT":"TransAtlantic Petroleum Ltd","BK4588":"碎股","TATT":"TAT Technologies Ltd","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD",".IXIC":"NASDAQ Composite","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","QID":"纳指两倍做空ETF","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4112":"金融交易所和数据","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","BK4187":"航天航空与国防","QLD":"纳指两倍做多ETF"},"translate_title":"TAT Technologies Ltd.（纳斯达克股票代码：TATT）股价大幅上涨28%，值得担忧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TATT":1,"TAT":1,"NDAQ":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"TAT Technologies Ltd. (NASDAQ:TATT) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness.    The last month tops off a massive increase of 110% in the last year.    Following the firm bounce in price, given around half the companies in the United States have price-to-earnings ratios (or \"P/E's\") below 18x, you may consider TAT Technologies as a stock to potentially avoid with its 23.7x P/E ratio.  However, the P/E might be high for a reason and it requires further investigation to determine if it's justified.     Recent times have been quite advantageous for TAT Technologies as its earnings have been rising very briskly.   It seems that many are expecting the strong earnings performance to beat most other companies over the coming period, which has increased investors’ willingness to pay up for the stock.  You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.     Check out our latest analysis for TAT Technologies NasdaqGM:TATT Price to Earnings Ratio vs Industry September 2nd 2024 We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on TAT Technologies' earnings, revenue and cash flow.   How Is TAT Technologies' Growth Trending?   In order to justify its P/E ratio, TAT Technologies would need to produce impressive growth in excess of the market.   Taking a look back first, we see that the company grew earnings per share by an impressive 196% last year.    Still, EPS has barely risen at all from three years ago in total, which is not ideal.  Accordingly, shareholders probably wouldn't have been overly satisfied with the unstable medium-term growth rates.     Weighing that recent medium-term earnings trajectory against the broader market's one-year forecast for expansion of 15% shows it's noticeably less attractive on an annualised basis.  With this information, we find it concerning that TAT Technologies is trading at a P/E higher than the market.  Apparently many investors in the company are way more bullish than recent times would indicate and aren't willing to let go of their stock at any price.  Only the boldest would assume these prices are sustainable as a continuation of recent earnings trends is likely to weigh heavily on the share price eventually.    The Bottom Line On TAT Technologies' P/E  TAT Technologies' P/E is getting right up there since its shares have risen strongly.       We'd say the price-to-earnings ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.  Our examination of TAT Technologies revealed its three-year earnings trends aren't impacting its high P/E anywhere near as much as we would have predicted, given they look worse than current market expectations.  Right now we are increasingly uncomfortable with the high P/E as this earnings performance isn't likely to support such positive sentiment for long.  If recent medium-term earnings trends continue, it will place shareholders' investments at significant risk and potential investors in danger of paying an excessive premium.      Before you take the next step, you should know about the 2 warning signs for TAT Technologies (1 is significant!) that we have uncovered.   If P/E ratios interest you, you may wish to see this free collection of other companies with strong earnings growth and low P/E ratios. Valuation is complex, but we're here to simplify it.Discover if TAT Technologies might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}