XTRA:RAAMachinery
RATIONAL (XTRA:RAA) Stock Premium Rests On Tariff Help And China Weakness
RATIONAL stock went into these results with a mixed recent run. The price was roughly flat over three months and only slightly up over the past month, which hinted at cautious expectations despite a premium P/E of 28.5x. The earnings release put one issue front and center: profitability. Management reported a net margin around 20.5%, just below last year. At the same time, first half EBIT margin reached 26.5%, helped by a one off United States tariff refund. The market now has to decide...