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Federated National Holding Company Message Board

  • fabulouspoodle fabulouspoodle Apr 14, 2014 10:19 AM Flag

    Analyst earnings estimates for FNHC just raised a ton...

    The March '14 quarter average earnings estimate moved up from .37 to .47, and the June '14 quarter average earnings estimate moved up from .36 to .49.

    There are two analysts covering FNHC. The analyst who changed his estimate moved his March '14 quarter estimate up to .59, and moved his June '14 quarter estimate up to .67; and has an estimate of $1.75 for year end December '14, and $2.25 for year end December '15.....so he expects continued growth for FNHC over the next several years. Obviously, if FNHC earns .57 and .67 over the next two quarters as he estimates, with growth, FNHC has plenty of space to move up .

    The other analyst with lower estimates may increase his estimates soon.

    best.

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    • If that's the case his $1.75 doesn't make any sense at all. These "analysts" just aren't doing a good job at all. Without going into too much detail, let's just take the most glaring inconsistency. If his estimates for Q1=.59 and Q2=.67, that's $1.26 right there. Those numbers quite possibly are off but I don't even need to go into that to prove my point that these analysts are off. Anyway, using his numbers, that means he believes $1.75 -$1.26 or $.49 will be made in Q3 and Q4 COMBINED. How does that make any sense??? We made almost that much in Q4 of 2013 alone and revenue is going to be a helluva lot higher in Q3/Q4 2014 than it was last year.
      Whatever analyst is in charge of this company, really has no idea what he's talking about.
      Needless to say, I still think this stock is grossly undervalued, and judging from the stock price action, I think a few more people are finally waking up to this fact on Wall St. We'll see how long it takes for these guys to figure this out.

    • Fabulous, I reply to you, fablulous! The two analysts who upped their estimates for the next quarters, and your reporting of this fact, are adding to my growing enthusiasm for FNHC. You and the other good posters on this board deserve the thanks from the rest of us. Maybe just a note of some caution....as we look back on the charts, it is fairly common for the pps to experience a 10%+ pullback, particularly when it reaches new highs. Of course, this is not uncommon among nicely increasing stocks. Based on the 2014 and 2015 earnings estimates, assigning a conservative PE of 12, that would give us $21 pps at the end of 2014; and $27 pps at the end of 2015. Potentially, of course. And, possibly, even higher. Thanks! -Scott

 
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