I rarely post here, if ever, but I have held REGN since 120.
"The knowledgeable ones..."...well, I don't have a lot of respect for the sell side analysts, but their eps estimates are an important barometer in them keeping their jobs. If they are way off, and clients lose faith in them, the firm gets a new analyst.
In the last 7 days, the consensus EPS est for 2014 has gone from $4.37/sh to $9.87/sh, and there's 18 analysts that are in that mix. The low est is over 8 bucks.
REGN's eps have been growing at an amazing pace, it deserves more than a 25 multiple on this yr's EPS.
imo, so I continue to hold. In fact, with their pipeline, I expect $15/sh eps in 2015, or maybe june 2015-june 2016. With just a 25 multiple, that's 375/sh, and with a 30 multiple, $450/sh. My guess, and it is a guess, is $400/sh in Q2/Q3 next yr.