This issue has the strangest pricing action. I guess it's called random.
ENDP was at the global healthcare conference from USB today. They talked a lot about the future and they see it very bright. I see the feature bright as well, this is a long term investment. I'm in at 11.20. I think it should get around $30 in a couple of years based on their sales growth from their new porfolio.
Mizuho Securities raised its price target on Endo International plc (NASDAQ: ENDP) to $19.00 (from $18.00) while maintaining a Buy rating.
Analyst Irina Koffler cites the company's positioning for consolidation within the generics space as the company possesses a growing portfolio of sterile injectables.
Nice run so far today. Need to get back to the $14 level and take off from there!
"question for old timers. " Please define "old timers." nt
question for old timers. What put a plug on this stock (not company) growth? I see a big short interest, fundamentals are all in place, earnings are good, PE is low. On a current bullish market it should be 30-35 stock. Any idea?
I'm now reasonably convinced that this is a long-term waiting game. It will extend well into 2018. Those who are patient will get a double or maybe even a triple. That's pretty good reward for waiting. Impatience is your enemy.
Gabelli & Co. 5/10/17: " We continue to recommend Endo and believe that the generics business is an attractive asset. Using a 10x EBITDA multiple, the generics business is worth the entire enterprise value of Endo (including accrued mesh liability costs), giving investors a $1 billion plus revenue branded drug business for free".
From 14 to...almost...11s??
Refreshing to see a one point jump in a day. It will go higher, but there is considerable short interest so the climb has been gradual. A good long term buy with exceptional multiples into 2018.
Both ENDP and VRX are great plays, albeit both are still a little in the rough. Careful accumulation and discipline to hold long term will more than double your investment. Don't expect a quick turnover. You will be frustrated.
ENDP. Consistently good ERs and always trashed a few weeks later. Someday this pattern will be broken and the patient longs will get their reward.
Strong finish. Need to see this break out and not give up the gains.
Is thing cursed or what ?
forward PE is below 4. Do you still believe that so humiliating trading will be continued forever? This stock must be in 40-45 at least and it means it will be. The only question is how. I'll tell you how: with big leaps in vicinity of each earnings. From 10 to 13 (30% in a blink of an eye). The next move can be even bigger, say from 13 to 18 i.e. those who are not inside have zero chance to make money.
Another give-back at the eod.
Does this stock not have its own mind, earnings and outlook. Why sniff and follow Valiant.