NEW YORK (TheStreet) -- Precision Castparts
(PCP) shares are down -5.9% to $235.26 on Thursday after missing analysts first quarter revenue estimates.
The company reported first quarter earnings from continuing operations of $3.35 per diluted share, in line with analysts estimates.
The company missed on revenues however, reporting sales of $2.53 billion, below analysts $2.6 billion estimates.
Must Read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates PRECISION CASTPARTS CORP as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:"We rate PRECISION CASTPARTS CORP (PCP) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
PCP data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts