If it's P/E then this should be above $110 if not above $150 (compared to historical multiple and industry multiples respectively)
If it's P/S then this should be substantially higher (currently less than .5)
If it's growth, it's gaining market share to the point some of it's competition is dropping out of the same space
Earnings growth is in play for next year (granted, revenue growth is not)
There's just not a single blemish with the exception of a year o stagnant revenue growth, but in the face of currency uncertainty and market uncertainty I think that's fair. they are still looking to grow earnings regardless.
I think this climbs, and climbs substantially. you thoughts?
- monsoon season reports look normal to good (despite an article on CNBC talking about the concerns of a poor monsoon, even if there isn't one)
- growth tracking well to target of $1 billion in revenue in next few years
- earnings this year is estimated to be $1.71 which places forward P/E @ 7.6
- reiterated buy recommendation with target of $17 and other recommendation at $18
What does this stock need as a further catalyst? seems like it has everything going for it!