TAT Technologies (TATT) Stock Price, News & Analysis

Company Overview

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. It designs, develops, and manufactures a range of heat transfer solutions, such as pre-cooler and oil/fuel hydraulic heat exchangers used in mechanical and electronic systems in commercial, military, and business aircraft; environmental control and power electronics cooling systems for use in aircraft and ground applications; and a range of other mechanical aircraft accessories and systems, such as pumps, valves, and turbine power units. The company provides MRO services for heat transfer components, as well as for manufacturing heat transfer solutions; and aviation components. In addition, it engages in the operation of a repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military; and the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, and afterburner flaps. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1969 and is headquartered in Netanya, Israel.

Key Stats

• Today's Range: $24.94 to $27.36
• 50-Day Range: $17.54 to $26.98
• 52-Week Range: $9.38 to $27.69
• Volume: 57,303 shs
• Average Volume: 17,510 shs
• Market Capitalization: $255.30 million
• P/E Ratio: 34.15
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Buy

TAT Technologies Stock Analysis - MarketRank™

TAT Technologies scored higher than 55% of companies evaluated by MarketBeat, and ranked 35th out of 52 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

TAT Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TAT Technologies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TAT Technologies is 34.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of TAT Technologies is 34.15, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 36.32.

Price to Book Value per Share Ratio

TAT Technologies has a P/B Ratio of 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.08% of the float of TAT Technologies has been sold short.

Short Interest Ratio / Days to Cover

TAT Technologies has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TAT Technologies has recently decreased by 75.31%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

TAT Technologies does not currently pay a dividend.

Dividend Growth

TAT Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of TAT Technologies is 45.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.08% of the float of TAT Technologies has been sold short.

Short Interest Ratio / Days to Cover

TAT Technologies has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TAT Technologies has recently decreased by 75.31%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

TAT Technologies has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for TAT Technologies this week, compared to 1 article on an average week.

Search Interest

13 people have searched for TATT on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added TAT Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TAT Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.75% of the stock of TAT Technologies is held by insiders.

Percentage Held by Institutions

Only 15.13% of the stock of TAT Technologies is held by institutions.

TATT Stock Analysis - Frequently Asked Questions

How have TATT shares performed this year?

TAT Technologies' stock was trading at $10.15 at the beginning of 2024. Since then, TATT stock has increased by 149.0% and is now trading at $25.27.
View the best growth stocks for 2024 here.

Does TAT Technologies have any subsidiaries?

TAT Technologies subsidiaries include Chromalloy Israel Ltd., Limco-Piedmont Inc., Piedmont Aviation Component Services LLC, Limco Airepair Inc., Limco-Piedmont Inc., Piedmont Aviation Component Services LLC, and Turbochrome Ltd..

Who are TAT Technologies' major shareholders?

Top institutional shareholders of TAT Technologies include Meitav Investment House Ltd. (9.59%).

How do I buy shares of TAT Technologies?

Shares of TATT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TAT Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TAT Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Novo Nordisk A/S (NVO), General Electric (GE), Jabil (JBL) and Arista Networks (ANET).

Company Calendar

• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Aircraft engines & engine parts
• Sub-Industry: Aircraft
• Current Symbol: NASDAQ:TATT
• CUSIP: N/A
• CIK: 808439
• Web: www.transatlanticpetroleum.com
• Phone: (728) 862-8500
• Fax: 972-8862-1555
• Employees: 410
• Year Founded: 1969

Price Target and Rating

• Average Stock Price Target: $30.00
• High Stock Price Target: $30.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +18.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.74
• Trailing P/E Ratio: 34.15
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.67 million
• Net Margins: 5.58%
• Pretax Margin: 5.73%
• Return on Equity: 8.23%
• Return on Assets: 5.39%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 3.04
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $142.91 million
• Price / Sales: 1.79
• Cash Flow: $0.89 per share
• Price / Cash Flow: 28.25
• Book Value: $8.98 per share
• Price / Book: 2.81

Miscellaneous

• Outstanding Shares: 10,103,000
• Free Float: 9,219,000
• Market Cap: $255.30 million
• Optionable: Not Optionable
• Beta: 0.94