Sat, Nov 29, 2014, 3:53 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Collectors Universe Inc. Message Board

  • fueltheobsession fueltheobsession Jan 18, 2014 9:05 PM Flag

    What is a reasonable PE?

    Given growth in the US and China, short covering, strong fundamentals, divy and low float. What's the boards opinion on near term price targets?
    I think $20 very near term is doable, $30 will take time.
    Given the rise from mid $13 in Oct, wondering if there is a pullback coming?
    Always appreciated

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • We are at 80c TTM last reported EPS. Let's assume last quarter comes in at 18c as I estimated. That would put us at 91c TTM EPS. That means we are at exactly a 20 PE. Growth is higher than that so the PE is reasonable right now. Back out the cash of about $2/sh and PE is even more reasonable.

      I think PE of 20-25 range is reasonable with the company based on no debt, strong cash position, and 7%+ dividend. If they more than cover the dividend in next 18 months, say at $1.50 EPS, a PE of 20 is a $30/sh. Throw in 5013K shorts and who knows?

 
CLCT
22.01-0.29(-1.30%)Nov 28 1:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Energy XXI Ltd.
NasdaqGSFri, Nov 28, 2014 1:00 PM EST