Lexmark Intl. (LXK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lexmark Intl. (LXK)

LXK 40.49

0.0%

Nov 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maven2010 who wrote (11)	1/17/1997 11:47:00 PM
From: Fred Fahmy	of 160

Joshua, LXK reports earnings Tuesday morning before the bell. There are actually a total of 5 analysts covering the stock but I can't recall exactly which ones. Zack's report only shows 3 and I'm not sure why. The current analysts are the 5 original underwriters and all 5 maintain either a buy or strong buy rating. The current P/E is around 25 but that includes a one time charge (associated with going public) in Q4 1995. That quarter will be dropped for the trailing P/E calculation when earnings are annuounced on Tuesday. If LXK meets estimates the P/E will be around 17 based on full year 1996. The current estimates for 1997 are around $2.00. So your target of 45 translates into a P/E of 22.5 which actually is a contraction of today's 25 P/E. At any rate, I blieve the average P/E for the office equiment sector is around 20. Regards, FF

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next