If I recall in the last CC, they had orders for 8M tons and only able to produce 6M. Soon, it sounds like demand came down BUT they are still producing flat out. IMO.
The avg salary for WS analysts is around $60K.. What kind of talent is going to be attracted to that job.
On the other hand now might be a good time to jump in. If they cut 50% that implies a dist. of 15%. Stock could jump up since the dist. is considered safe (short term)
That is always the danger with growth stocks. If they stumble for even one quarter, look out below. However, rising employment coupled with low gas prices should be a positive Look at their presentation. They talk about store growth, 12 stores in 2013 and 27 stores in 2015. Not sure if that includes franchise's or not. They are also improving their debt / EBITDA. ratio was reduced from 2.9 in 2012 to 0.7 in 2014. Good trend. I'm bullish on the stock.
That $.84 included an $.44 one time extinguishent of debt. without that one time charge it would have been $.40 eps for 2013. That mean that the growth would have been phenomenal
High PE should always be a concern. However, they have high growth rate too. Bottom line is they increased net income from $.84 to $1.36 y-o-y, a 60% increase. They have an informative presentation on their website. They also increased EBITDA about 40%.