NEW YORK (TheStreet) -- Pall Corp (PALL) shares are up 3.4% to $83.57 on Thursday after reporting fourth quarter earnings of $1.11, 5 cents better than analysts were expecting.
The filtration, separation and purification systems manufacturer reported an 11.6% increase in revenue over the previous year to $800 million, well ahead of analysts expectations of $769.43 million.
The company issued a fiscal 2015 full year guidance range of $3.75 - $3.95 that is in line with Capital IQ's $3.86 estimate.
TheStreet Ratings team rates PALL CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate PALL CORP (PLL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. 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, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
Must Read: 50 Stocks Hedge Funds Love
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: PLL Ratings Report
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.