TASE:FTALHospitality
Fattal Holdings (1998) (TASE:FTAL): Assessing Valuation After Sharp Profit Decline and Strong Recent Share Price Gains
Third quarter earnings jolt investor expectations
Fattal Holdings (1998) (TASE:FTAL) just reported a steep drop in profitability, with third quarter and nine month net income and earnings per share falling sharply from last year. This is forcing investors to reassess the stock’s risk profile.
See our latest analysis for Fattal Holdings (1998).
Despite the earnings setback, the share price at ₪620.4 still reflects a solid 90 day share price return of 17.43 percent. The three year total...