I don't believe so. Its a very volatile stock, CMG and YUM results haven't been that good so the Mr. Mkt is nervous about fast food restaurants Charts show It's now oversold IMO. FWIW, I'm picking some up at these levels. I don't believe Webush knows anything better than us. IMO
While all these other fast food cos such as CMG and YUM are having problems, I predict that FRGI will report earnings to the upside. I've been wrong before.)))
I'm here, Bot 2 day ago, Stunning statistics. I figure that the earnings growth rate is 40% and the EV/EBITDA is only 6 gives a stunning ratio of 7. In other words, this co. is a steal. Also, no debt. Nice to have a quiet board.
I've been in since 9/14. Took a lot of patience. Great financial statistics.
Earnings always drive stock prices over time. prices fluctuate day to day, but, its still earnings . Im holding, when prices recover EMES will zoom up. There are a lot of dry wells out there that are capped waiting for oil prices to increase which will required sand. Industry is finding out that more sand, more output. EMES is in the sweet spot
has high PE but, has higher growth. went from 12 to 27 stores in 2 years. 60% growth in earnings. PEG is less than one which is bullish. BUT, it is a dangerous stock. One bad earnings report will send this down.
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)