Shouldn't the P/E be 12.57 now and not 15 as Yahoo shows it?
Usually when you see a P/E that low on such a high growth stock it is because investor have very little faith in the estimates. Yet, in this case, year after year QCOR keeps proving them wrong. What's it going to take for this stock to get the respect it deserves? A P/E that is 20-25
Phil, check out some of MaxD's previous, and detailed work on his EPS estimates. He goes into quite a lot of detail on the P/E. Then there was a Seeking/Alpo article I believe from Expert that also delved into this heavily.
Any way it's sliced, the P/E is too cheap, the PEG is off the chart cheap. That is why I bought more on the sell off. Sooner or later, if WS wont put a more compatible valuation on Q, then maybe Bailey and crew can just do a massive buy-back one day with that cash hoard he's worried about..
Actually 50, Dec 2011; H $45.95 eps ttm $0.92, how many times THAT is it now Yahoo?
Why the hell ya think I sold at those extremes overall, made a ton o money playin Puts n Calls,
meanwhile the shorts gathered from 6M to 10M to 15M to 20M before the great big fall.