XTRA:TKMSAerospace & Defense
TKMS (XTRA:TKMS) Stock Rallies On Revenue Momentum As Margins Tighten
TKMS & Co KGaA entered this earnings season with a price near €94 and a powerful recent run, with the stock up sharply over the past month and quarter. That set the bar high. The key takeaway from this report is not the revenue line or earnings per share. It is the pressure on profitability, with the trailing net profit margin at 3.7% compared with 4.4% a year earlier, while the stock still trades on a rich P/E multiple versus European aerospace and defence peers.
Love the recent share price...