15 x earnings is a comparable ratio....$40 is very cheap and this stock should be trading much much higher soon, especially with 31% short interest.
My target are achieved fast, and I always confirm...Confirmed 69 now.
Sentiment: Strong Buy
I agree. 69 is easy to achieve soon. $5 forward earnings and a PE of 20 = $100/share. So be very conservative and say $69 within a few weeks and $75 this year.