It's a good/thorough report. Go to their site to download.
As you can tell by the above numbers - all extremely conservative.
Increasing our 12-month price target to $13.50 from $12.15 per share, which implies stock price appreciation potential of 30%. NTWK is trading at 6.5X our FY15 EPS forecast of $1.59 per share. We applied a multiple of 10X to our FY15 EPS forecast of $1.59 per share, discounted by 15% to obtain a year-ahead value of $13.50 per share. The stock’s forward P/E should expand to 10X due to strong sustained earnings growth. In September 2012 NTWK had a forward P/E multiple of 5.4X, which increased to 8.8X in September 2013, as EPS more than doubled. Annual EPS growth, estimated at 30% from FY13 to FY15, should support a 10X P/E multiple.
anyone check out the new upgraded earnings estimates for 2014 besides o08o?
Are you day traders too poor to accumulate shares & have a real investment?
I guess you need to keep flipping shares to make a few bucks to pay the rent?
Too bad for you because you will never own a lot of shares and when the
mutual funds finally discover Netsol they will make a real investment causing the
price to spike higher and you will miss out on the real money. You day traders are
making chump change at best and will never know the feeling of 200%, 300% or more
in profits. flipping shares is a poor mans' game.