P/E and forward P/E of about 10. 2.6% dividend ROA is 25% ROE is 35% 154 m. in cash zero debt 10% haircut today on monthly sales numbers All stats from Yahoo. Do your own DD, but what am I missing here that would not make this a good entry point?
I am looking at this myself for the same reasons you are. Teens always find the money to buy what they want, but same store sales here were down 7% and that is why the stock took this hit. Not a bad dividend, but there are many more that pay a lot more so you need the growth to make this investment work. With a 7% decline in sales, growth was stopped or negative. Teens are also fickeled consumers and what is hot this week may not be next week.
Sure looks tempting but teens apparantly having hard time finding work and parents struggling and disaster in WH all weighing here...Long term, probably a buy but economy probably gonna get a lot worse IMHO....
I agree that the economic outlook is shaky. That's why I'm staying fairly conservative overall. 49% bonds (BND); a few tax-free muni CEFs in addition; a little cash; stocks in large cap, blue chips that pay a dividend (VIG) and energy (VDE). So a technical, short-covering bounce is how likely here? If there was a short-term 5% bounce in the cards, I'd trade it for that.