If we give STC a 15 multiple on $2.88 ( $4.38-1.50) thats $43.20.
Even a ttm of 12 gives us $34.56.
Hard for me to see STC not going significantly higher going forward.
I see an early premarket bid of $28, just .25 above yesterdays close. But, 2 hours before the market opens.
I guess a lot of folks were expecting somethig better. What were they expecting here?
Boy, I sure was wrong in thinking the run would continue toward $40.