Aceto (ACET) stock: where is the bottom?

12:17 pm ET, 26 Sep 2018

Aceto Corporation (ACET) shares are trading at 2.46, down 13%.  The company is announcing its quarterly earnings results on Friday before the market opens. What's driving ACET stock price? What's ACET stock price forecast?

Aceto Corporation is marketing, selling, and distributing human health products, pharmaceutical ingredients, and performance chemicals. The stock has produced a negative return of 71% for this year.

The last quarter’s revenue fell 2.2% to $186 million and the earnings per share came at $0.01 compared to $0.39 for the same period last year. The company’s revenue is falling because of adverse conditions in the generics market. Cash at the end of the quarter was $65.1 million. The company generated an operating cash flow of $50 million, out of which $39.4 million was used to pay the debt.

The fourth-quarter results will be released before market open on September 28, 2018. Analysts expect the company to report a loss of -$0.04 per share on revenue of $168.95 million. 

What is the sentiment towards the ACET stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is negative;
  • The mid-term sentiment (3-6 months) is trending negative;
  • The long-term sentiment (9-12 months) is trending negative. 

Over the last month, Aceto Corporation (ACET) returned -10.12%.

Aceto Corporation (ACET) forward P/E ratio is 6.7, and it's low compared to its industry peers' P/E ratios.

Aceto Corporation (ACET) average analyst price target ($2.00) is -31.74% below its current price ($2.93).

For the latest price and information on Aceto Corporation, please visit Finstead and search for "ACET price" or "ACET news".

Aceto Corporation (ACET) Stock Guide

Updated at: 4:41 pm ET, 16 Sep 2020

Before we start: if you're looking for ACET stock price, you can quickly find it out by visiting Finny and typing "ACET quote". If you're looking for a quick scoop on ACET stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ACET". You'll get all this info in one place. Or you can just type "ACET news" to get the latest stock news.

Looking to buy or sell Aceto Corporation (ACET)? Interested in getting the full scoop on ACET, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ACET stock guide, we'll address key questions about ACET, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. ACET buy or sell? What is ACET Finny Score?
2. What are the reasons to buy ACET? Why should I buy ACET stock?
3. What are the reasons to sell ACET? Why should I sell ACET stock?
4. What are ACET key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Analysis

1. ACET buy or sell? What is ACET Finny Score?

#{finnyScore:null}Our quantitative analysis shows 1 reason to buy and 1 reason to sell ACET. ACET doesn’t have an assigned Finny Score, because we don’t have sufficient data points to score the stock.

2. What are the reasons to buy ACET? Why should I buy ACET stock?

Here are the reasons to buy ACET stock:

  • ACET stock price ($0.13) is at the 52-week low. Perhaps now is a good time to buy? See ACET price chart.

3. What are the reasons to sell ACET? Why should I sell ACET stock?

Let's look at the reasons to sell ACET stock (i.e., the bear case):

  • ACET profitability is declining. The YoY profit margin change was -46.22 percentage points. See ACET profitability chart.

Key Stats

4. What are ACET key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ACET:

Metrics ACET
Price $10.55
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Drug Manufacturers - Specialty & Generic
Sector Healthcare
Number of Employees 315
Market Cap N/A
Forward P/E Ratio N/A
Price/Book Ratio N/A
Revenue (TTM) N/A
YoY Quarterly Revenue Growth N/A
Profit Margin N/A

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