The company came in with a prediction that profits will be about half what they were in the same quarter a year ago. It has already been downgraded. The problem is that the PE is about 14. Do you think this one is really headed that far South? It is at 26.75 down 1.69. Here are some more facts:
Company Industry PE Current 13.932 20.08 PE Projected 11.996 - Total Return (year) 8.15 34.90 Dividend Yield 1.869 0.59 ROE 12 2.90 Total Mkt. Value ($ mill) 1,017.8 560.5
I'd appreciate some opinions on whether or not you think this is a good short-sale candidate.
Jack |