If we use the expected earnings of $0.20 and assign a PE of 20 we get a PPS of $16.00. A PE of 19 would give us $15.20. With a small premium for the generous dividend and the near date for ex dividend ( March 28) I think $17 is not too large a stretch by mid March. My brother is a new trader. I told him to get as many shares of Windstream as he could before March 27. Which I think is the must own date.
ratio.......try 15 and multply by 80 cents per share and you get $12.......that is about the fair value....get real...this outfit offers very little at this time to get involved...It will go under $13 for sure before the 4th of July!