is what this stock is currently trading at if management hits the EPS expectations of 3.73 plus the 4% boost of share buyback which would take us to EPS of about 3.88.
We were trading at a 18.5 pe just 3 months ago before we knew we would beat this earnings by 25 cents and that management would raise UGG guidance by 4% and revenue guidance by 1% and EPS by 3%.
So like I said....just getting cheaper.
revenue guidane for the full year is 8% which was raised 1% from 7% guidance earlier this year,
IT is all about patience. Fundamentals are clicking into place.
Considering that the PE was 33% higher for less information 3 months ago, stock should be up at least 33% more just for todays information.
That means we should be trading at about 70/share right now just to properly price in everything we found out.
Hey, wasn;t there some bright guy on here calling for 70/share in the next 40 days? ;)