It depends. Getting rid of BH would be a positive for CBRL. If CBRL bought the stock at current price it would probably push CBRL up as people these days seem to like leverage.
sl90045, are you saying kcdq54 is not high class? I don't think it is a question of richer people not going, but of whom the majority of the customers are.
"The analysts concluded that a potential purchase price could come in at $16.30 a share, representing a further 18 percent upside based on the opening price the same day Goldman Sachs issued its report.".
to find, google goldman sachs crocs.
Mueller are you simply unethical, or do you have a link for your post?
It is small cap edition. I agree consensus is much more important, but I don't believe many analysts update their input to the consensus during the quarter; for this or other reasons stock prices often don't react as expected to beats/guidance revisions. I don't know where I got the 325K, and I like your numbers, although a yearly tax rate might be more relevant. In 4th quarter companies often adjust for differences between original tax rate estimate, used in other 3 quarters, and actual.
Burnin, Here's what is confusing. The Yahoo estimates are what you say. Yet Value Line, Sept 20, 2013 had estimates for 3rd and 4th qtr of .43 and .45. .45 does seem low for 4th quarter given .48/.49 last year. Just looking at my notes, I had .03 for closing Ventura: 325*(1.-.342)/7030 (close of ventura plant, one time expenses) = 0.03
what is CR? I thought it was a good quarter, but the forecast was not wonderful. Nothing that explains big rise in stock price to me. I am not saying UFPT is overpriced or anything.
Given that company talked about Nov comps in their recent CC, this would be surprising. Yet price is moving higher for no apparent reason, and some firms do try to estimate comps before they come out by talking to franchisees or whatever.
Stock looked like an opportunity until I realized how much earnings owed to change in estimated value of Windset holdings, which are subject to to call (see my comment on Seeking Alpha write-up), Might still be a good stock, just not inexpensive.
If you look at a 10-Q, it seems to me it give a little color on the quarter. A question might be why sales dropped a bit. The 10-k only discusses the year. If you look at a 10-q, or earnings release, it gives the tax rate for the quarter. Do you know what the tax rate is for the 4th quarter? You have to back it out, by comparing 9 months and full year earnings and taxes.
I am a bit surprised stock price didn't move up more. Are there earning forecasts published anywhere? (now that Alex doesn't publish his). Perhaps, one time boost to earnings last year confused people comparing year over year, but that would be odd.
earnings release was totally inadequate. Normally, you can refer to the 10-q, but 10-k has limited info/discussion of 4th qtr. Tax rate in 4th qtr that I backed out was kind of low but I have no explanation.