Azenta shares have fallen 30.3% over the past six months to $24, driven by soft quarterly results. The company’s trailing 12-month revenue of $596.3 million is nearly unchanged from five years ago, while earnings per share declined at a 24.8% annual rate over the same period. Free cash flow margin averaged negative 16.5% over the last five years, meaning the company burned $16.49 in cash for every $100 of revenue. The stock now trades at 38.9 times forward earnings, which analysts say prices in significant optimism despite these headwinds.
Azenta IncRevenue flat, earnings declining, negative free cash flow, and high valuation despite poor fundamentals.